June 26: Mortgage jobs; ABA weighs in on GSE reform bill; Freddie changes low activity fee; Affiliated adds mini-corr & mandatory
“May a lender decline a mortgage applicant because the applicant became involved in a lawsuit subsequent to his or her initial loan application?” Darned if I know, but the Mortgage Bankers Association of the Carolinas notes, “A lender may decline a loan if an applicant’s involvement in a lawsuit negatively impacts that applicant’s income with…