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Let's think about this. With changes to credit tightening, a huge number of people will now be unable to purchase a home. On a percentage basis, we're talking about a minimum of 15% of borrowers will be impacted by processing styles and loan availability alone. It doesn't mean that people won't s...
Borrowers should take caution when they select who to broker or fund their loans Huntington Beach, August 31, 2007—The liquidity crisis that resulted in the recent failure of a number of lenders, including American Home Mortgage Investment Corp. and New Century Financial Corp., has not only shak...