After FNMA and Freddie Mac; US philosophy on mortgage Lending

We came across the attached white paper that was released by the US treasury in 2011. If you are confounded as to why the US government is trying to implement the policies you are hearing about, or if the new regulations handed down by the CFPB seem counter-productive or if you're baffled as to what their overall objective is this paper should clear up some of your confusion. It's the blueprint they've devised for your future. Take a deep breath before you read it.

 http://www.treasury.gov/initiatives/documents/reforming%20america%27s%20housing%20finance%20market.pdf


Looking for an opportunity to boost your mortgage banking career? One of our clients is a state chartered bank that expands by setting up a JV with experienced mortgage bankers. Reap all of the benefits of working with a bank, like exemptions from licensing and enhanced credibility, while having the flexibility to run your operation in your own particular style. Contact Kevin Miller today at kevin@netbranchology.com to discuss how this might work for you or call him at 612-839-5290.

 

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