This article discusses a few political issues in the mortgage industry and covers the topics of CLTV, LP, and DU.
Every election year I have to listen to each of our Presidential Candidates run down the economy over and over again, not caring that it is their hype that is pulling it down. This year, to make matters worse, we have to hear about all the finger pointing, investigations, and blaming in the mortgage market.
Unfortunately people with very busy lives hear and read all of this and begin to think it is true. We have all heard this: “If you tell a lie often enough people will believe it is true”. There you go!