Challenging Markets, Rules Changes Loom
By Amy Wyeth
Struggling housing and lending markets and major changes to laws and regulations affecting mortgage lenders and brokers will make their mark on the Bay State in 2008, shifting the nature of competition and significantly affecting consumers.
Lenders Part Ways, Change Rules With State’s Mortgage Brokers
By Amy Wyeth
Since Indymac Bank told Massachusetts mortgage brokers that it would stop working with them following the implementation of new consumer protection regulations that took effect last Wednesday, another lender has followed suit.
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