Posted To: Pipeline Press
Huh? People burned while walking across fire at a Tony Robbins event in Texas? Imagine that! Speaking of incendiary activities, an amendment passed the Senate Appropriations Committee would bar federal banking regulators from preventing or penalizing banks for providing financial services to state approved marijuana businesses . This will now head to the Senate floor for a vote. I am sure that the alcohol lobbies are dead-set against it, but using income from such businesses for loans bound for F&F or the big banks could make things less complicated for underwriters. New products BOK Financial Correspondent Mortgage Services would like to remind banks and credit unions it purchases construction to permanent mortgage loans utilizing a single closing that meets Fannie Mae guidelines. Borrower...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2908QpU
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