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The CFPB has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry.
A mortgage without the paperwork. It sounds too good to be true, right? Except it’s not. No-doc mortgages offer homebuyers a way to secure financing without the usual pile of paperwork like W-2s ...
You might know this loan by other names: no-doc, low-doc or stated-income mortgage. Critics of these loans say they allowed risky borrowers in the early 2000s to buy homes they could not afford ...
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