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Home » Store » Taxable » Fremont Cuts 8,000 Brokers, Tightens Underwriting

Fremont Cuts 8,000 Brokers, Tightens Underwriting

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Fremont Investment and Loan recently revealed that it severed ties last year with some 8,000 mortgage brokers because loans they originated had high default rates. Fremont is also tightening underwriting guidelines, hoping to increase loan quality. “It’s...
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