TITLE

Alan Lakey: Further evidence of lender rigidity

PUB. DATE
August 2012
SOURCE
Money Marketing (Online Edition);8/31/2012, p20
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The author comments on stern rigidity displayed by many lenders when assessing mortgage applications. He says that the process of assessing mortgage applications should be streamlined due to the experience and knowledge of the lenders. Abbey for Intermediaries issued a mortgage offer which summarily "pended," which is its sugared term for suspended.
ACCESSION #
79787742

 

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