Are You Accidentally Originating to Foreclose?

By |2021-08-20T19:21:52-05:00May 24th, 2021|Ethics, Featured, Foreclosure|0 Comments

Consider these insights for being your borrowers’ watchdog—and building your reputation as an ethical lender. Originating to foreclosed on is also known in the lending business as ā€œloan to own.ā€Ā  Loan to own can be intentional, or it can be accidental. Regardless, it’s bad business. Intentional loan to own typically occurs because the asset in [...]