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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...

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Argent 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...

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First 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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