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Whether the bookie or lender was there first is largely irrelevant.
We do not mean to suggest that a bureau or lender would deliberately report errors.
China lacks clarity over who is liable if a product or lender fails.
The guarantee will not help the buyer or lender if the property falls in value.
The process begins with the entity that originates the loan, either a mortgage broker or lender.
Ms. Ludwig agreed: "It's not just your rogue broker or lender on the street.
Remember that when you're speaking to a potential investor or lender, you're entering a two-way partnership.
Federal law prohibits agents from steering clients to a particular mortgage company or lender, and from accepting payment for referrals.
If a broker or lender finds significant changes, the loan could be delayed, or in some cases, denied.
The bank or lender won't approve the sale if it is too far below the market value of the house.
And, the bank or lender originating the loan can't get paid more for selling related products, like title insurance, from affiliated companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com