By Chip Larson
president, Home Equity Partners
Illustration: Dennis Wunsch
A wealth of refinancing business could be available
via creditworthy loans trapped in filthy mortgage pools
As the most recent government effort to revitalize the
mortgage market takes hold this summer, brokers can
grow their businesses by finding refinancing solutions
for solid borrowers stuck in toxic loan pools.
Brokers can work with the buyers of those pools and
help them separate the wheat from the chaff. Doing
so can help jump-start a national economic recovery
and also grow brokers’ profit margins.
Here’s a look at how brokers can take advantage of
the government’s plan to restore market confidence.
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