Bankers Alliance – Buydown Program Considerations
Written by Elizabeth Madlem, Vice President of Compliance Operations and Deputy General Counsel at Bankers Alliance “Keep it long enough and it will come back into fashion.” The early 2000s are remerging with their crop tops, low rise jeans, flip phones, and mortgage buydowns. Deja-vu! Pre-crisis’ teaser rates have been reborn into mortgage buydowns, both…