Lots of loan companies are going the way of the dodo bird. I recently spoke with a lender who has been in the business for 30 years and the last few weeks have been his hardest ever. I know a lender who has had to scramble to find an new loan program for his clients because the week before closing, the bank from which they were going to get the money for the house, has closed its doors.
So, because of the recent now-you-see-them-now-you-don’t nature of mortgage companies, CNN has provided these handy tips.