Lee Walsh's Mortgage Blog

Feds seize two more banks - the rest of the story!In the news On Friday, the Office of the Comptroller of the Currency closed First National Bank of Nevada, based in Reno, Nev., and First Heritage Bank of Newport Beach, Calif., with the FDIC named as receiver. Mutual of Omaha Bank bought all insu...

North Carolina law tougher on mortgage branches, originators and lenders A new law is going into effect soon in North Carolina that will eliminate more originators, mortgage branches and companies in that state.Very soon if you do not have a credit score of 600 or higher, your out!The net worth f...