Mortgage broker: ‘I remember laughing about this loan with my fellow loan officers’

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Sep. 25, 2013

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Andy Neidus, branch manager of American Midwest Mortgage in Mayfield Heights, Ohio, recounted to The Plain Dealer his experience watching lending standards rapidly unravel in the runup to the housing meltdown, as lenders introduced increasingly exotic loans and loan officers ...

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