Wells Fargo Watching Renegotiated Home Sale Prices; RESPA Influence: Flagstar Shortens Loan Delivery Period; VA IRRRL Update
December 30, 2009 – 6:49 amPosted To: Pipeline Press
According to a recent report, due to the recession, Americans are eating cheap, unhealthy, fatty foods. Apparently, the recession started in 1957. (I write this as I munch on my Doritos...) Speaking of food and recessions, Tavern on the Green is going out of business - once America's highest-grossing restaurant. Their last meal in Central Park will be served New Year's Eve, compared to only three years ago when it was plating more than 700,000 meals annually, bringing in more than $38 million. There's no recession for Lenders One . They reported that for 2009, through November, they had officially delivered $20 billion to "Preferred Investors". Impressive. Wells Fargo reports that it has seen an increase in "purchase transactions where the sales price was re-negotiated...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.