I'm hearing through the Grape Vine that B of A is backing out of the Residential Mtg Industry?
Does any one have any truth to this rumor?
I'm hearing through the Grape Vine that B of A is backing out of the Residential Mtg Industry?
Does any one have any truth to this rumor?
I actually heard the opposite...but only through the grapevine. The word I heard was that they are committed to re-establish dominance in the mortgage industry(that they had hoped to get in their il-fated purchase of you know who).
One thing about the big dogs is the rumors are never in short supply. Have heard it both ways but nothing substantiated.
Yea ....That's the majority of the feedback I'm getting. Watch those big 4... I hope they expand their processing dept.
Lately I have going to local lenders and getting less restrictions, cleaner + faster turnaround for my Buyers
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