Finally! A large market segment may be opening up to brokers if this bill is passed
Last year’s first quarter saw loan originations down – but the purchase of this retail loan originator has definitely turned things around for this mortgage loan company.
The association blamed unnecessary federal regulations for preventing first-time homebuyers from entering the market.
Legislation critical to the mortgage industry went to the floor of the House of Representatives for debate Tuesday and it could ease some of the regulatory burdens.
The $1.2 trillion market is critical to the housing recovery's longevity and offers huge market potential as banks are retreating, according to the CEO of Parkside Lending at an industry conference in Denver Thursday.
Will they, won't they, when will they? The recent FOMC meeting gives us some answers.