Blog Category: large deposits

Mortgage Applicants Are Money Laundering?

brian-martucci-mortgage-large-depositI have found out another reason why documenting a mortgage loan application has become a nightmare. This story relates specifically to documenting assets and the bureaucratic, paper-laden gauntlet that it has become. Guess who is responsible? Come on, you only need one guess! The reason that documenting assets has become torture for mortgage applicants is the U.S. federal government. Yes, yet again, we have our overlords, nannies and protectors on Capitol Hill to thank for the latest round of insanity. Read More