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Grapevine: Loan for Borrower Making Short Payoff

A former loan originator who now works in loss mitigation is approaching the Mortgage Grapevine to help a client. The borrower is making a short payoff. There was an investor who was extending a loan at a 65% loan-to-value ratio, but this post said the investor turned out to be “shady.”

To learn more about this scenario, go to http://bit.ly/1bhrKHA.