Small lenders face onslaught of agency loans returned to sender
For already struggling small lenders, Fannie and Freddie loan repurchase requests are another slice in what one market observer calls âdeath by a thousand cuts.â
For already struggling small lenders, Fannie and Freddie loan repurchase requests are another slice in what one market observer calls âdeath by a thousand cuts.â
Clear Capital said the goal of restructuring is to help weather the current industry headwinds and prepare for the longer term.Â
To root out racial bias in the appraisal system, some experts say thereâs no point in nibbling at the edges. Instead, they suggest tearing the system down and starting fresh.Â
Lawyers raised compliance questions regarding UWM’s âControl your Priceâ initiative. Meanwhile, other lenders want to copy it.