Problems Surrounding the Mortgage Origination Process

Problems Surrounding the Mortgage Origination Process

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Senate hearings on the Federal laws regarding buying a house. Witnesses: Janice Hix, Nat. Assoc. of Mortgage Brokers; Ron McCord, Amer. Mortgage a Investment Co. for the Mortgage Bankers Assoc. of Amer.; Russell Booth, Nat. Assoc. of Realtors; Joseph Parker, Jr., Parker Title Insurance Agency, Inc., for the Amer. Land Title Assoc.; Margot Saunders, Nat. Consumer Law Center; Michelle Meier, Consumers Union; Laurence Meyer a Griffith Garwood, member, Board of Governors of the Fed. Reserve System, a Nicolas Retsinas, U.S. Dept. of Housing a Urban Development, accompanied by Sarah Rosen.It is clearly not working, however, for too many American homeowners who do not qualify for the best credit rating; ... focus of these abusive practices.4 Many were forced to rely on equity loans with high rates of interest in order to finance homeanbsp;...

Title:Problems Surrounding the Mortgage Origination Process
Author:Lauch Faircloth, Connie Mack
Publisher:DIANE Publishing - 2000-07


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