(And a majority of the problems are on
the mortgage side of the business, not on the personal banking side that Ally is on.)
Since the mortgage interest is the biggest slice of the revenue pie — it is easy to start the investigation with
the mortgage side of the business.
Robinson spent a lot of time last year learning
the mortgage side of the business.
Not exact matches
Mortgage bankers are feeling the pinch
of less refinance
business, and some predict they will, in turn, have to get more competitive on the purchase
side to make up for the lost
business.
Under Fannie Mae's new rules, borrowers qualifying for a
mortgage using the income
of their «regular» job don't have to prove what they make on the
side from their
business.
While, TD announced rate changes to variable rate
mortgages earlier this month, most lenders haven't really addressed this
side of the
mortgage business.
In any case, this was interesting b / c the Realtor had been in the
business for many years and she did not understand the
mortgage side of things at all.
Rich Walter, president
of Faris Lee Investments based in Irvine, Calif., is still looking for what the finance
side of the
business will come up with to replace the commercial
mortgage - backed securities (CMBS) loans that just aren't coming.
At the Federal National
Mortgage Association in Washington, D.C., about $ 5 billion worth
of business was done on the equity
side of the multifamily asset class.
I have been in the
Mortgage business since 1990 working in both the retail and the Wholesale
side of the
business.
Anastos went to work learning the
mortgage side of the real estate
business and now specializes in helping families hold onto the American Dream while averting more «zombie» foreclosures.
One
of the areas Lutnick sees as a growth driver for Newmark is on the debt
side of the commercial real estate
business, which surpassed the $ 3 trillion mark this year for the first time, according to the
Mortgage Bankers Association.