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requires broker-dealers to keep records of all business-related communications. the sec has been looking into whether lenders have been keeping a track of employees' digital communications. in september, the sec fined 16 financial firms, including major global banks...
A direct lender will usually be licensed across the countrywhile a mortgagebroker may only be licensed in the area in which they provide services. This can create problems for you if the property you are trying to purchase is outside of their licensing area. With a direct lender, you have ...
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"The market already priced it in," says Kevin Leibowitz, a mortgage broker at Grayton Mortgage. "That's why we're seeing lower rates." The Fed also opted to cut its rate by 50 basis points rather than the anticipated 25 basis points at its September meeting, which was at least partial...
When refinancing a mortgage, it is important to consider the loan period length. This refers to the time period between interest charge calculations and payments. Loan period length varies by type, but can be as short as one month or as long as one day. Periodic interest rates can range fr...
Do Not Sell My Personal Information QuickenLoans.com, a LMB Mortgage Services, Inc. company NMLS #167283,www.nmlsconsumeraccess.org Feedback How would you rate your overall experience with Quicken Loans' website today? Not good at allVery good Next...
Choosing a Real Estate Agent Choosing the right real estate agent is an important decision which can dramatically impact your selling or purchasing experience. The following is a partial list of factors you should consider in selecting the right real estate broker. ...
When trading foreign exchange, you are required to deposit a certain amount with a brokerage firm, called margin. This amount represents a good-faith deposit, and the broker will update the account balance when the currency price fluctuates. Typically, the margin requirement is 1% of the customer...
Mortgage-Backed Security AnMBSis a type of asset-backed security that represents the amount of interest in a pool of mortgage loans. For example, assume an investment bank buys mortgages from a mortgage broker, which lent property owners money. The investmen...