Comments on: Wells Fargo Exits the Investment Property Loan Market

By: Phil Harris

Phil Harris — Mon, 11 Oct 2010 18:19:21 +0000

Government intervention isn’t always a good thing. There is no denying that any public policy and regulation will affect the market. Companies are so careful in what they do with loans. With that said, you also can’t overlook that FHA loans have helped a tremendous amount of home owners/buyers.

By: investment property loan student

investment property loan student — Wed, 15 Sep 2010 16:39:56 +0000

I know! My timing with them was off for my first investment property loan, and what a disappointment.

By: investment property loan | RBA Money

investment property loan | RBA Money — Mon, 29 Mar 2010 19:31:05 +0000

[...] Wells Exits the Investment Property Loan Market | Investment Mortgage Guy [...]

By: Peak Appraisals » Wells Fargo Pulling Out of Investment Property Loans (somewhat)

Tue, 16 Mar 2010 12:38:35 +0000

[...] Wells Fargo announced last week that they decided to take the conservative approach with some of it correspondent channels and will no longer be purchasing some non-owner occupied loans in the secondary market. All retail departments and some correspondent channels will remain unchanged. Rob Bonahoom, with Cornerstone Mortgage, reports that this change may be a concern, by Wells Fargo, about mis-classifying some properties that could lead to RESPA violations. Read his article here at the Investment Property Mortgage Guy. [...]

By: Wells Fargo Pulling Out of Investment Property Loans (somewhat) | Minnesota Investment Property Blog

Sun, 14 Mar 2010 20:15:13 +0000

[...] Check out our Investment Property Seminars under upcoming events or click the button to search the MLS. ScottWells Fargo announced last week that they decided to take the conservative approach with some of it correspondent channels and will no longer be purchasing some non-owner occupied loans in the secondary market. All retail departments and some correspondent channels will remain unchanged. Rob Bonahoom, with Cornerstone Mortgage, reports that this change may be a concern, by Wells Fargo, about mis-classifying some properties that could lead to RESPA violations. Read his article here at the Investment Property Mortgage Guy. [...]