First Franklin Announces a New “LITE” Credit Mortgage
In an effort to make processing sub-prime loans easier and faster, First Franklin introduces their new “LITE†credit program. Essentially this program provides applicants with a 640 credit score...
View ArticleArgent Mortgage Announces 80/20 SIVA Loan Program
Argent Mortgage, the wholesale and correspondent lending subsidiary of Ameriquest Mortgage Corporation, recently announced their new “80/20 SIVA†program. This loan program features 100% financing...
View ArticleBanco Popular to Exit Wholesale Sub-prime Lending in US
According to an article that ran in Tuesday’s Los Angeles Times, the Puerto Rican based bank is closing their wholesale and retail mortgage lending operations in the United States. Citing increases in...
View ArticleFirst Franklin Releases Best Score Program
First Franklin, a non-prime wholesale lender, announced the release of their newest mortgage program called the Best Score Program. For loans with more than one applicant, this loan features an ability...
View ArticleOption One Announces NEW 50 YEAR Term Loan Program
According to an email press release dated 1/23/2007, Option One Mortgage a subsidiary of H&R Block and a national sub-prime wholesale lender is introducing their new 50/30 loan program. This...
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