The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

4 Things Banks Won’t Tell You About Mortgages

4 Things Banks Won’t Tell You About Mortgages

By Scott Sheldon / July 24, 2015

As the Consumer Financial Protection Bureau strives towards creating more transparency within the mortgage industry, these truths remain. Here are four things you won’t hear from your bank at loan application… ‘You Can Get a Better Deal Elsewhere’ Fannie Mae and Freddie Mac publish mortgagee guidelines banks use to originate loans, in order to ultimately…

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