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In this week’s podcast, I was joined by Sohail Badruddin, owner of Provident Loan Servicing and an RMLO in Texas. Sohail shares insights from his extensive experience in the mortgage industry and discusses his vision for Provident Loan Servicing. He delves into the challenges and risks of mortgage lending, such as prepayment penalties, balloon provisions, and borrower bankruptcies. Additionally, Sohail covers key aspects of loan servicing and origination, emphasizing the importance of proper borrower qualification and strict adherence to timelines.

Learn more about Provident Loan Servicing here: https://www.providentls.com/

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