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Issue of May 5, 2008 |     |
Strata Bank Investor Takes Gripes to CourtBy Amy Wyeth One of Strata Bank’s largest investors is upset with the bank’s performance and is taking dramatic steps to try to turn it around. Lender License Plan Mandates Credit History By Amy Wyeth Mortgage brokers accustomed to examining the credit history of loan applicants soon may be subject to credit scrutiny themselves. Frank Takes Tough Stance On Lenders By Jeff Haynes Barney Frank has put the mortgage industry on notice. Fannie, Freddie Guidelines Complicate Condo Financing By Amy Wyeth Whether you’re a condominium owner, a mortgage wholesaler or a lender, ever-tightening guidelines from Fannie Mae and Freddie Mac in that market these days can be enough to make your head spin. |
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