LOANS TO REAL ESTATE AND MORTGAGE INDUSTRY PROFESSIONALS
Effective immediately, (UNNAMED LENDER )will no longer accept new submissions if any of the borrowers on the application are real estate or mortgage industry professionals. This includes, but is not limited to: realtors, appraisers, title company employees, mortgage company employees, and real estate speculators/rehabilitators
IS this a sign of things to come? Why should we be penalized?
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