Real estate blog entries tagged with bank of america by Olan Carder (Fairway Independent Mortgage)

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Home : Blogs : Olan Carder : Olan Carder on Mortgages and Charlotte Home Loans : Tag "bank of america"

bank of america: Follow up to Bank of America Subordination Problems... - 03/07/09 11:01 AM

I wanted to write a follow up post to the one I wrote last month about Bank of America and their useless wonderful subordination department. For those of you who read it, you remember my clients were forced to cancel their refinance (which saved them $300) because Bank of America would never respond on their subordination and finally denied it. We have appealed the decision and here goes...
After fighting with Bank of America to reconsider, we finally got them allow me to write a "Benefits Letter" that outlined the potential savings and therefore lower Debt-to-income ratio for them as the … (5 comments)

bank of america: Bank of America Stops Wholesale Lending! - 10/26/07 04:42 PM

"It is with great sadness that Bank of America has decided to exit the Wholesale Business." That was the memo we received today directly from Bank of America Wholesale.
As a mortgage professional, I get asked all the time now about different lenders. "Are they going to be around much longer???" People are nervous, and when they hear news like this they think the sky is falling. The truth of the matter is that we rarely used them anyway. Most of the lenders that have dropped off the map where either subprime or not competitive.
Comforming lending, Fannie Mae and Freddie Mac … (1 comments)

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Olan Carder

Charlotte, NC

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Fairway Independent Mortgage

Address: 8430 Read Road, Suite E, Charlotte, NC, 28277

Cell Phone: (980) 721-7478

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