Total Mortgage Services, a Connecticut-based consumer direct and wholesale mortgage lender, announced Tuesday that it plans to expand its branch footprint beyond its home state. In fact, the company.
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Non-prime mortgages are making a comeback and new lenders are introducing new programs almost monthly. While the current loan products are not quite like the pre-recession subprime mortgage programs, they are increasingly becoming available to borrowers with lower credit scores, the self-employed, and other types of borrowers that have been left out from getting a mortgage for almost a decade.
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Connecticut lawmakers this week advanced a bill that would introduce new requirements for reverse mortgage lenders in the state. The state senate on Tuesday unanimously passed S.B. 150, which would.