Mortgage Lenders Responsabilities

Responsibilities that Mortgage Lenders Should Know: Part II

Mortgage lenders face immense responsibilities when they lend. Non-compliance with requirements and standards is out of the question. Therefore, lenders must be vigilant about meeting their obligations with accuracy. To that end, lenders must become adept at understanding their responsibilities so they can install reliable processes for granting mortgage loans. Emphasis on Quality Control To say that the mortgage industry is filled with a minutia … Continue reading Responsibilities that Mortgage Lenders Should Know: Part II

International Game Technology Reports Solid 2Q Results; Shares Moderately Undervalued

International Game Technology IGT reported solid secondquarter results in line with our expectations. Revenue increased 11% to $600 million (compared with consensus of $572 million) and EBITDA increased 6% to $247 million (consensus of $200 million). The increase in revenue was driven by a 16% rise in product sales, primarily due to strong sales of video lottery terminals in Canada, sales to new casinos in … Continue reading International Game Technology Reports Solid 2Q Results; Shares Moderately Undervalued