Marketing and market savvy: Your tools for emerging market success

Jul 06, 2005

Decision One products aid first-time borrowersMortgagePress.comDecision One,CLTV,stated income,Lite Doc Decision One Mortgage has rolled out two new programs in June, including a "Lite Doc" product that qualifies borrowers with only six months of bank statements, and a 100 percent combined loan-to-value (CLTV) stated income product for first-time homebuyers. For borrowers with qualifying credit, both programs provide 100 percent CLTV financing, with an 80 percent first and 20 percent second. Headquartered in Charlotte, N.C., Decision One Mortgage is a non-conforming lender with 22 branches nationwide. For more information, visit www.d1online.com.

About the author

National Mortgage Professional

Link copied

Published

Jul 06, 2005

Analysis and Data

Home Sellers' Q1 Profit Margins Declined Quarterly, Annually

ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.

ATTOM released its Q1 2024 U.S. Home Sales Report, revealing that profit margins for U.S. home sellers on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter – the smallest level in more than two years. The decline...

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...