Posted To: Pipeline Press
While huge blocks of servicing are hitting the market, Cenlar has had better days than yesterday. (“We take seriously our regulatory obligations and we are working with the OCC to make any changes necessary to resolve their concerns.”) I could not find a dollar fine. But speaking of dollars, what does $3.25 million get you in Los Angeles? Cash or financed, a 3-bedroom house which was used in “Nightmare on Elm Street.” In terms of credit, Kris W. recommends, “Always make sure someone in the relationship has good credit. That’s why it’s called ‘significant’ other. Sign/if/I/can’t.” In terms of liquid assets, cash buyers are big competition for lenders, so it was of interest when Zillow announced that it was “pausing”…(read more)
Source: Mortgage News Daily
