Confessions of a Mortgage Insider
Have you wondered why the mortgage and banking industry are in their current shape of disarray? Did you ever wonder how some people managed to get something for nothing and leave us the average tax payer footing the bill? Are you curious why the once respectable mortgage industry became so corrupt and brought the US economy so quickly to its knees?
Denny Andrew’s first book, Confessions of a Mortgage Insider, explores how the mortgage brokerage industry went into a spiraling failure that resulted in a complete meltdown of epidemic proportions. Confessions of a Mortgage Insider uncovers more than the excesses of the industry. It explores the people and personalities of those who worked in the industry through the personal stories of leaders, followers, slimy wheeler-dealers, and the victims. It tells the story through the eyes of mortgage broker Rick Agnew. Agnew goes from na
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Have you wondered why the mortgage and banking industry are in their current shape of disarray? Did you ever wonder how some people managed to get something for nothing and leave us the average tax payer footing the bill? Are you curious why the once respectable mortgage industry became so corrupt and brought the US economy so quickly to its knees? Denny Andrew’s first book, Confessions of a Mortg…
As a mortgage broker during the manic years of the housing boom, I witnessed reckless financial practices on a wide scale. As a result, I was not surprised by the “robo-signing” mess that now threatens the mortgage sector. Unfortunately, the scandal is … Go to Source…
Yesterday, I wrote an article titled The Proposed Robo-Mortgage Settlement Might Give Banks A Free Pass. At the time the deadline for states Attorney’s General to sign on to the settlement was today. It has now been pushed back to February 6. In the … Go to Source…
There definitely is a relationship between delinquency rates and the unemployment rate, although a couple of states really stand out; Florida and Nevada. Florida has a high number of delinquencies because of state specific foreclosure laws – it takes … Go to Source…
Join the thousands of real estate professionals that subscribe to the Texas AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market … Go to Source…
Industry leaders on updating financial risk models to reflect the current markets. Go to Source…
Yes there are! Laws have been established to protect consumers like you and me from being unfairly categorized as having bad credit. The Fair Credit Reporting Act was established in 1971 to do that. It mandates the 3 major credit bureaus follow and adhere to certain procedures in the tracking and reporting of our personal credit rating. Also know as a FICO Score or Credit Score. Raising Your FICO …
Yes there are! Laws have been established to protect consumers like you and me from being unfairly categorized as having bad credit. The Fair Credit Reporting Act was established in 1971 to do that. It mandates the 3 major credit bureaus follow and adhere to certain procedures in the tracking and reporting of our personal credit rating. Also know as a FICO Score or Credit Score. Raising Your FICO …
Federal Housing Administration Commissioner David Stevens told a group of New England mortgage leaders Friday at Foxwoods Resort Casino that reining in the home-loan industry “is a natural outcome of almost taking down the entire United States economy … Go to Source…
Federal Housing Administration Commissioner David Stevens told a group of New England mortgage leaders Friday at Foxwoods Resort Casino that reining in the home-loan industry “is a natural outcome of almost taking down the entire United States economy … Go to Source…
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