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underwriting guidelines

Afternoon Quickie 02/23/2009

by phillenbrandFebruary 23, 2009 We're Reading

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Calculated Risk - Former Fed Governor Feels “Accountable”
Naked Capitalism - From the Banking Officialdom: So This is Meant to Reassure?
Bloomberg - AIG Seeks More Aid, May Lose $60 Billion, CNBC Says
The Big Picture - The Economy According to MC Escher

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Dead Man Walking – Brokers Squeezed by Insurers

by MorganFebruary 13, 2009 Mortgage Musings

In my original dead man walking post I argued that wholesale mortgage originators (brokers) were on the way out.  I pointed to all sorts of signs that seemed to point towards a future with a much smaller broker presence in the mortgage world.  And, for the most part I was dead on, as 3rd-party originations [...]

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