What Kind of Risks Do Mortgage Lenders Face?

Answer While borrowers of home loans face a number of risks--the foremost of which is being foreclosed upon due to underpayment--the lender also assumes a number of risks as well. These risks relate not j... Read More »

Top Q&A For: What Kind of Risks Do Mortgage Lenders Face

What Kind of Risks Affect a Mortgage Loan?

When a lender issues a loan to a borrower, both parties take on a certain amount of risk. For the lender, the primary risk is that the borrower will default on his payment, causing the lender to lo... Read More »

Good & Bad Mortgage Lenders?

Buying a house and getting approved for a mortgage loan is a major accomplishment. But too often, a home buyer chooses the wrong lender and gets stuck in a bad loan. Recognizing the signs of a bad ... Read More »

Who governs mortgage lenders?

The Office of the Comptroller of the Currency oversees national mortgage lenders. These include the major national banks such as Bank of America. The Federal Reserve System governs mortgage lenders... Read More »

How to Talk to Mortgage Lenders?

Before you talk to mortgage lenders you should learn about your choices. In any time of economic distress it will be harder than usual to acquire a new mortgage or to refinance. Demand and boom and... Read More »