More Thoughts on Renegotiations and LO Comp; Capping Gfees? Don't Hold your Breath

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Posted To: Pipeline Press

The industry continues to grapple with issues caused by the "bad apples" in the lending industry. Just what the public needs or wants to see: Florida leading the nation in fraud. Here is the latest . And good companies are expanding. Texas-based Premier Nationwide Lending is continuing to expand. Over the past 11 years, Premier has grown from start up to funding over 11,000 units for $2b/yr. (Recently named in the top 50 mortgage companies in America by Mortgage Executive Magazine.) It maintains a 75% purchase vs. refi ratio and is dedicated to long term relationships. Premier recently expanded to 14 states and is looking to fill retail and branch opportunities for producers and DE underwriters. Premier is run by the same management team that ran the SW regional wholesale center for NAMC in...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/04102013-refinance-florida-fraud.aspx

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