Vincent Benedict's (thebigmortgageco) Blog

Subprime lending has recently caused over 56 lenders to either go out of business or stop issuing subprime loans because of excessive foreclosure rates. The lending community made decisions in the last few years that dramatically eased a borrower's qualifications with a resultant dramatic increas...

What do you think do people look for in a mortgage lender? New brokers are usually not aware of the reasons people choose to approach a mortgage lender and I am sure the answer will surprise you, but before I tell you the answer ponder a while. Well, I posed the question to a few students in my c...

Tuesday's bond market has opened in negative territory following early stock market gains. The stock markets are currently rallying with the Dow up 135 points and the Nasdaq up 25 points. The bond market is currently down 5/32, but I don't believe we will see much of a chance in this morning's m...