The Top 10 Reasons Mortgage Companies Stopped Doing Second Mortgages
Thursday, July 17th, 20081. Mortgage companies starting around November 2007 stopped doing fixed second mortgages and home equity lines of credit (HELOC) due to changes going on in the mortgage industry. A lot of swift and sudden changes came to the type of companies that were farthest away from the actual money like the mortgage brokers, correspondent lenders, then [...]

