If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
We’ve had many inquiries about what direct lenders are and how the bank food chain is set up from top to bottom. To help answer those questions I’ve created a 2 part video that discusses the intracacies of flow-based correspondent lending.
Flow-based lending is typical for small direct, correspondent lenders. Please note that this does not represent all mortgage banking and correspondent banking scenarios it is accurate for smaller flow-based correspondent scenarios.
View the video here.
Last 3 posts by Morgan
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
- No "green shoots" in employment - June 21st, 2009








Add New Comment
Viewing 2 Comments
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Add New Comment
Trackbacks
(Trackback URL)
September 3, 2007 at 4:29 pm
[...] of dollars in additional hidden profit by giving you a higher interest rate than you deserve. Further, many small ...
January 9, 2008 at 10:27 pm
[...] I’m not talking about wholesale mortgage broker loans being put on hold - I’m talking about very large institutions ...