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Nonbank home lending surges in SoFla. Here’s why that might be tricky – Since the recession, the mortgage. loan officers review one loan, nonbanks said they could utilize new technology and reduce labor costs. “The root cause of banks leaving the market is cost to.
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Mortgage brokers brace for shake-out as boom turns to bust – After moving to abolish the trail and supporting the best interest duty, the government said it will review. fortune for the mortgage broking industry, which in the early 1980s cracked open the.
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Figure is a new competitor in the home equity space, offering an alternative way to tap home equity. Its all-digital process based on blockchain technology promises to make the home equity loan.
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