Complex Loan Arrangements Hike Closing Costs for Minorities, Non-Collegiate and Blue Collar Consumers
June 5, 2008
Mortgage lenders and brokers are profiting from consumer confusion over complex loan products and terms, causing loan and other real estate fees to vary widely to the detriment of minorities, borrowers with low education, and blue collar neighborhoods, according to...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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