LenderLive’s CEO called the deal “a win-win for everyone involved”
Thousands of homes in six counties would be at risk
After so much partisanship and election bickering, it’s good to see our leaders reaching across the aisle and embrace cooperation in the face of a crisis. Both Barack Obama and Chris Christie came together in New Jersey to survey the wreckage and discuss how to rebuild. Whether or not you see any cynicism behind the cooperation, it’s good to see our leaders finally put down the sabers – if only for a moment.
Purchasing a house is one thing, successfully closing escrow on a purchase loan is something else entirely. How is the contract being drawn up?
Two federal agencies have agreed to form a partnership to develop and maintain a National Mortgage Database, the first of its kind in the history of government oversight of mortgage lending operations.
Most real estate investors are requiring meth tests on a house before buying it. Once a property is declared a “meth house,” most buyers will flee.