They are recognized bad credit lenders with
loan packages designed for those who have low scores, or are in a tight financial situation.
Basically, that means they are provide
loan packages designed for the bad credit borrower, a niche that banks prefer to avoid.
Not exact matches
Over a period from 2013 through 2015, three leaders of an industry - leading Credit Suisse unit that
packages mortgages and other
loans into securities for sale to investors were forced to give back a portion of their 2015 bonuses after the firm realized they had failed to complete required «eLearning modules» - computer - based training programs
designed to keep employees up - to - date on the latest rules and procedures.
This particular lender took the
loans it made to a New York investment bank; the bank
designed an investment vehicle and brought the
package to Moody's.
MAJOR ACCOMPLISHMENTS • Secured high volume mortgage
loan business via self generated referral networks, that led to enhancement in revenues by 10 % • Assisted in
designing of five new promotional mortgage
packages to attract more potential borrowers • Trained a group of 20 junior mortgage
loan officers regarding automated underwriting and state approved application processing protocols