Tag Archive for: salable

Loans Must Be “Salable”; No Exceptions No Matter How Strong a Borrower Is

Major mortgage companies have gone out of business entirely because they could not sell a large block of their loans on the secondary market. As a result, salability is an enormous concern and potential risk for every mortgage company. Read More

Loans Have To Be “Salable;” No Exceptions For Strong Borrowers

We have seen a few major mortgage companies go out of business lately, despite a strong market for mortgages overall. One of the reasons they went out of business was […]Read More