Tag Archives: mortgage originators

New Limits On Mortgage Fees

Mortgage pros make their money from the ignorance of those who aren’t in the mortgage industry. It is in the pros interest to keep mortgages as complicated as possible and filled with as many mysterious fees as possible. I’m a … Continue reading

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Exemption Proposed For Mortgage Securities

The exemption would apply to mortgages where borrowers have made at least a 20% down payment. When buyers have made such down payments, they are much less likely to walk away from their homes and to default. Few free market … Continue reading

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Rewriting The Mortgage Lending Rules

How much of a stake should mortgage originators have in the loans they extend? Mortgage originators by definition sell the mortgages they extend so they appear not to have the same incentive to make sure these loans are paid back … Continue reading

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Refinance In South Africa

From AllAfrica.com: Is it possible that one of SA’s large banking institutions or nonbank lenders could collapse under the weight of losses in the housing sector? A key contributing factor to the crisis is that, in many instances, the investors … Continue reading

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