How does a mortgage corporation work and earn business (US Setting)?

I would like to know the legal limits what a mortgage corporation can do in terms of client screening, financial response or endorsement for a client, investment and participation under federal guidelines of operations.

Where can I get resources? Thanks!

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1 Comment

  • By Proofoflife, May 22, 2009 @ 2:16 am

    The only legal limits involve %rates. They have money to lend they can lend it to anyone they want.As far as how they earn business,BY CALLING YOU AT DINNER TIME.

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