The mortgage industry operates more carefully today than ever before in terms of the types of risks it will allow. Credit rules are strict, valuation oversight is high, antifraud measures are taken and new originations are made virtually digital before submission to the major investors. But a danger exists that poses a tremendous risk for all stakeholders, and it comes from an unlikely source: homeowners associations.
Publisher: Sperlonga
Date: 2013, 2014
Format: White paper