Relevant:
- Loan Brokers Hope for Reg Relief on LO Compensation
- New HUD Mandated Mortgage Good Faith Estimate Form Provides New Layer of Confusion for Home Buyers Regarding Broker Compensation, Transparency
- Mortgage-broker business falls to new low
- Mortgage brokers scramble for survival
- Washington Mutual Getting Tough on Mortgage Brokers
2009-01-23 — ml-implode.com
This came in as a tip:
"mortgage brokers and loan officers are good enough to provide florida capital with product but not good enough to get a loan..."
Click the link for the official announcement. So please send them your loans, but don't ask for one for yourself. The good news here is this only applies to "approved" Brokers.
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