Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S
Lending / The Ticker

Mortgage lending demand picks up as housing improves

/ Print / Reprints /
| Share More
/ Text Size+

In the boom time of housing, there were an abundance of lenders spreading funds to all sorts of borrowers.

() ()()

But with major mortgage lenders including BofA, Citigroup (C) and Morgan Stanley (MS) today burdened by MBS liability and tough mortgage memories, there may be a shortage of willing lenders, especially at the margin of borrower qualification.

Source: Seeking Alpha
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus