
James Kleimann on pricing exceptions and the risk to lenders
HousingWire Daily
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Navigating Pricing Exceptions in Mortgage Lending
Exploring the ethical quandaries and competitive pressures faced by loan officers in offering pricing exceptions to stay competitive in the mortgage lending market. The chapter unveils the prevalence of this practice, its impact on borrower relationships, and the regulatory challenges in maintaining profitability amidst market constraints.
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