BluefoxToday blog : Bill Ladewig, Experience Is Your Advantage (LoanOfficerSchool.com)

Are They Made To Big to Fail?

It is apparent that an increasing amount of our country's financial power is being consolidated into the big four banks; Bank of America, Chase, Citibank and Wells Fargo making these guys absolutely To Big To Fail, what's next?

Will there be further consolidations... maybe big bank inspired elimination of mortgage brokers? 

Whoops, it's happening now unless you take action,  Big Banking Buddy FDIC is helping big banks eliminate one of their largest competitors leaving consumers with even fewer choices as early as 2010 unless you take immediate actionRead how

For those of you who do not subscribe to the lending and real estate site Think Big Works Small you might enjoy their humorous take on banks to big to fail.  See Video

Comment balloon 7 commentsBill Ladewig • October 29 2009 01:24PM
Are They Made To Big to Fail?
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It is apparent that an increasing amount of our country's financial power is being consolidated into the big four banks; Bank of America, Chase, Citibank and Wells Fargo making these guys absolutely To Big To Fail, what's next? Will there be… more
The Minimum Score for FHA Loans is going to 620.
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Although FHA has no minimum credit score requirement for FHA loans, currently many FHA lenders do impose a minimum score. Most lenders have already moved their minimum credit score requirements to 620 or 640. While there may be others, at… more