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An article in today’s OC Register which was the result of an ongoing dialogue I had with Matt Padilla from the paper talks about the little-known pain that New Century’s closing has inflicted on small lenders such as ourselves. It’s a pretty good article and covers some of the risks that correspondent lenders face in exchange for the increased business abilities of being a direct lender. Here’s a photo from the article.
Great article, and two handsome men in that photo. You have some lucky wives!
Love your blog. Always something good here…
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