subprime meltdown: The Mortgage-Savvy Realtor - 03/12/07 07:27 PM
I'm sure that your clients may have surprised you in the
past with a lending question that you never expected. In this new economic
climate, with Colorado topping the nationwide list of states with the most
foreclosures, it doesn’t hurt to be informed on what to expect from as a buyer
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subprime meltdown: 3 Ways to Avoid Getting Caught in the Subprime Maelstrom - updated - 03/07/07 05:16 AM
Unless you've been sleeping under a rock and avoiding ActiveRain for the past weeks, you've probably caught wind of the meltdown that's been happening in the subprime lending sectors, with 30+ lenders shutting their doors and many more in trouble. It's fairly obvious that rising credit guidelines and risk premiums will
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subprime meltdown: 50+ Wholesale Lenders Now Belly-up or Floundering - updated - list keeps on growing - 03/06/07 02:33 AM
Realtors: be aware than pre-approval letters you may have received previously from mortgage brokers may not be worth the paper they're written on, as the wholesale lender who may have approved the scenario is likely no longer in business or tightening its guidelines. Prepare your buyers to have to come up with
(42 comments)
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