Grapevine Poster Asks If Investor Term’s Too Tough?

A poster on the Mortgage Grapevine was offered a contract by an investor that subjects the broker to a buyback if the borrower defaults or is delinquent up to six months.

The poster said they turned the contract down.

Now they are asking fellow posters for their opinion about the decision. To offer your comment, go to http://bit.ly/TNfUOB.