The end of the mortgage workhorse: Adapting to a new lending ecosystem
The mortgage industry is incredibly different than it was five years ago. Gone are the days when lenders could steer borrowers of all shapes, sizes, and needs into a one-size-fits-all loan product. The emphasis on traditional “workhorse” mortgages that dominated the post-2008 financial crisis era—particularly FHA and VA loans—is now giving way to a focus […]
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