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First Franklin Announces a New “LITE” Credit Mortgage
In an effort to make processing sub-prime loans easier and faster, First Franklin introduces their new “LITE†credit program. Essentially this program provides applicants with a 640 credit score...
View ArticleArgent Mortgage Announces 80/20 SIVA Loan Program
Argent Mortgage, the wholesale and correspondent lending subsidiary of Ameriquest Mortgage Corporation, recently announced their new “80/20 SIVA†program. This loan program features 100% financing...
View ArticleFirst Went Sub-prime, now Alt-A, What’s a Loan Officer to do?
This will work itself out. Performance on mortgages in Alt-A securities combined with their already higher yields will draw investors back but make no mistake, the process of determining what is in a...
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