There may be certain veteran’s-only loans you can offer.
Subprime lending is up slightly, but regulators don’t fear the threat of a bubble.
The CFPB says that lenders illegally changed loan terms or inflated fees.
The number and value of subprime auto loans is approaching pre-recession levels.
As the number of subprime auto loans grows, some lenders are installing devices that let them disable cars remotely if a payment is missed.
Default rates on student loans are down for the first time in four years, according to the Department of Education.
Hedge funds, private equity firms and other investors looking for a better return on their capital have moved aggressively to buy single- and multi-family homes, as the prime interest rate is low.
Illinois recently passed a bill that will reduce the length of the foreclosure process on ‘proven’ abandoned properties from roughly 500 days to 100, according to state senator Jacqueline Collins’ office.
According to The Washington Post, the relationship between renting a house and the prices to own one help dictate which markets are overvalued and which are undervalued.
Financial situations are difficult, and individuals are trying to keep a close eye on their money and make as good of an investment as possible. When lenders use mortgage loan software, it will ensure that created payment plans are unique to each borrower.