mortgage lending crisis

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Bloomberg report sounds warning on pending mortgage lending crisis

May 29, 2018By

The language may be infuriating for a loan officer to read: referring to mortgage lenders as “small-time bankers” who are “peddling to the poor.” But Prashant Gopal’s Bloomberg report states that even the Federal Housing Administration is concerned about rising defaults in its mortgage insurance program.

3d rendering of a row of luxury townhouses along a street

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