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How Do Mortgage Companies Work?
In order to understand how mortgage companies work, it's important to know the difference between local banks, correspondent lenders and mortgage brokers. Discover how mortgage rates differ and...
How Do Mortgage Companies Make a Profit?
Mortgage companies make a profit through junk fees, which are things like underwriting fees or document prep fees. Discover how mortgage companies make money on the secondary market with help from...
Who Regulates Mortgage Companies?
Mortgage companies are regulated by the federal government and through state policies. Find out how a state can regulate who makes loans with help from a financial specialist in this free video on...