How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Wells Trims Subprime Mortgage Unit

The Charlotte Observer is breaking what will be a widely-covered news story in the industry; that Wells Fargo is trimming its subprime mortgage unit in response to market conditions. Watch HW tomorrow for updates.

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