Do you remember the good old days when you could get a mortgage from Countrywide Home Loans if you could fog a mirror? Maybe, today getting that loan is as easy as fogging the screen on your smartphone when you apply for a mortgage at Quicken Loans using your smartphone. Read about the reaction to their Super Bowl ad. What do you say?
Loans for everyone is GREAT for the mortgage segment of the industry. Maybe it’s time for a trip back to 2008.