bank | The Zebra Blog

Posts Tagged ‘bank’

QRM Mortgage Rule: What You Need to Know

house and percentage symbols

In 2010 the federal government enacted the banking reform bill developed to address the financial crisis and the number of homeowners who lost their homes due to too liberal lending practices. While additional regulations were needed, the result was that many of the resulting lending requirements were too strict and due to “risk retention” requirements […]

Ask Denise: Liberal vs Traditional Loans

Denise Lones

Q:  Denise, I have a lot of clients who don’t qualify for traditional loans. However, I am hesitant to suggest they talk to other lenders with more liberal programs as I am concerned that it looks like we are pushing for the same conditions that led to the mortgage meltdown in the first place. So, […]

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