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Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans – Company spokesman oscar suris flatly denied Jacobson’s testimony. He said the bank never made “no doc” mortgages or predatory loans that kept homeowners from paying down principal. An internal review.
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No Doc Loans: Borrow With No Proof Of Income – No Doc Lenders Am I better off getting a low doc loan? All four of the major banks and many of the major lenders in Australia no longer offer no doc home loans.. The lenders that can help are smaller, specialised non-banks that typically charge a higher interest rate than a low doc loan with a mainstream lender.
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No Doc Loan – Welcome to Florida Direct Mortgage Lenders – With a No Documentation Loan, you can take advantage of investment opportunities. The lender wants to make sure that if the borrower defaults, there will be.
No doc loan – Wikipedia – A No-Doc or Low-doc loan (abbr: No/Low Documentation Loan) refers to loans that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. It is a financial product commonly offered by a mortgage lender to consumers who cannot qualify for.
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