Real estate blog entries tagged with los by William J. Archambault, Jr. (The Real Estate Investment Institute )

Home : Blogs : William J. Archambault, Jr. : Things I’ve Learned Along The Way from The Real Estate Sage at The Real Estate Investment Institute - reii.com : Tag "los"

los: Passing the Buck / It's the LO's Fault / A Convenient Misunderstanding - 07/14/08 03:32 AM

So many people want to pass the buck,to blame anyone but themself for the mortgage crisis. The most maligned being the individual Loan Originator, LO. The LO's are an easy target because some of them are guilty with regard to their clients, but the same can be said about any and every identifiable group.
The LO's job is rarely understood.
Worst of all, LO's are vulnerable because in most states they are not even required the 90 to 180 clock hours of pass the exam class that the real estate agents call education! When the finger pointers want to it's easy … (16 comments)

los: Viva La Difference / Unjustified Assumptions - 10/02/07 03:10 PM

I wrote a blog about illegals and loan fraud and got a comment from a well intentioned writer that I just can't forget. I don't think the writer did anything but express the frustration we all feel, when we group people by heredity instead of their personal choices.
The comment: "It is amazing that many of todays top LO's are hispanic - I wonder how many of them belong in jail."
What's so "amazing?" Do you know how many Americans are Hispanic? Most LO's are licensed and often insured or bonded, I'm sure very few are illegals. I'll bet between us we can't find … (18 comments)

Related Links: