Just like the people in the picture, I am very excited about the tightening of the mortgage markets!! PHH Mortgage never got into the subprime arena and now we are doing great while many lenders that dived into this market for the profits while holding their noses are losing their shirts! So far, (1 comments)
More mortgage tightening - the industry is shifting... - 08/02/07 08:19 PM
Today I read a flyer that a competitor sent out that explains their tightening and they explained that much of the industry is doing the same. Read about the changes... Expanded Products (Alt-A) - No New Registrations or LocksAll Non-Conforming (Jumbos) - No more stated programs.2nd Mortgages - Full documentation loans only. (0 comments)
Sam Thompson - Senior Mortgage Advisor Pinehurst, NC More about me
PHH Mortgage - President's Club Member
Office Phone: (843) 230-7929
Cell Phone: (843) 230-7929
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A wealth of useful information that can help you prospect, list and close more deals this year. Helping you in your business is my #1 goal. I believe in reaping what you sow and hopefully, once you read my blogs, you'll reward me with some referrals so I can really help you and your business this year!