mortgage rates: The Mortgage Transparency Train Has Arrived - 06/19/08 08:41 AM
The Mortgage Transparency Train Has Arrived…
Anyone who’s read my writings either here at Active Rain or on my ‘outside’ blog The XBroker over the past 18 months knows I’m a pretty opinionated guy when it comes to how traditional mortgage (and real estate industry) business works. It’s probably safe to (183 comments)
mortgage rates: The Mortgage Cartel and the Need for Transparent Mortgage Search II - 04/02/07 11:49 AM
Picking up where the previous post left off….. Faced with the most uneven of playing fields, many brokers rationalized a culture of deception. One look at a typical HUD-1 broker closing statement is all the proof you need. Nevertheless, it was the online direct lender that posed the most imminent threat (2 comments)
mortgage rates: The Mortgage Cartel and the Need for Transparent Search - 03/30/07 08:04 PM
Ive had some heated (and circular) conversations with many in the mortgage industry regarding how unregulated the industry actually is, how it would be near impossible for legislation to clean up the mess. The Mortgage Industry needs something more than new Statements and Policies from regulatory agencies, with a few sacrificial (18 comments)
mortgage rates: Mortgage Pin Nears Housing Bubble - 03/11/07 09:14 AM
There was an explosion of mortgage products on the scene from 2000 to 2005, going from hundreds to tens-of-thousands.
ANYONE could get a loan, even dead people.
On 3/10/2007 it should be no secret that the mortgage world is on the verge of an epic correction. Fraud permeates the (7 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.