Experts worry about rise of ‘alt-doc’ loans

Some mortgage products that were widely used prior to the Great Recession, and cited as one of its main causes, are said to be making a comeback – and that’s becoming a concern for those worried about an impeding new recession, HousingWire reported. The volume of home loans with “alternate documentation” has more than doubled

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REMN Inc. Opens New Office in Burlington, New England

Real Estate Mortgage Network, Inc. (REMN), who are one of the largest privately held non-bank lenders in the US, has just announced the opening of a new retail location in Burlington, VT. The new Burlington office will be staffed by local lending experts who will be able to bring REMN’s mortgage products to real estate professionals and residents throughout New England.

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