Archives for posts tagged ‘Mortage Brokers’

From option ARM’s to loan modifications… what’s a struggling mortgage broker to do?

As lenders become more willing to work out loan modifications with sinking homeowners, will struggling mortgage brokers switch from originating loans to modifying the very loans they sold only a few years prior?
As the likelihood of a significant drop in long term rates is looking slim, many mortgage brokers are left wondering where the next paycheck is [...]