Mortgagee Letters

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Underwriting: A Spotlight on the Mortgagee Letters

May 28, 2011By

Are we having fun yet? 2011 continues to demand our patience and ability to remain flexible in the HECM market. With the resolution of broker compensation issues, the implementation of redefined access roles within the FHA approval process, the departure of many industry backbone lenders, and a major shift in the retail and wholesale workforce, it is a wonder how we continue to focus on assisting senior borrowers with their desire to remain in their homes. It is important to note that the remainder of 2011 does not appear to be any less turbulent. We will be watching for the

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

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