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regulating mortgage brokers: Feds want to regulate mortgage brokers - 03/17/08 12:56 AM
A couple months ago I talked about this thing coming with mortgage brokers and actually think it is a great idea. In my original article I wrote of a mortgage broker that told my clients to lie on their application and if I should ask, lie to me so they could get the loan. In the process they ended up losing their home because they really couldn't afford the home they were buying.
The idea of regulating and licensing mortgage brokers was not just because of that situation. I think mortgage brokers have access to a lot more sensitive information than … (11 comments)

 
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