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Title's are so tough

By Steve Hall

Commercial Real Estate Agent with Maus, Warwick, Matthews & Co

October 08, 2006 10:45 AM

Honesty is always the best practice even if the truth does not benefit you personally. The reason I say this is I just took another application this afternoon from a couple who caught another loan officer in a lie. Those folks really make it hard for the rest of us to do business. I can't wait for the weeding out process to take place.

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Bob Pavey

RE/MAX Hometown - Aventura, FL

CRS

Steve you put good out and you get good back always do the right thing

Oct 08, 2006 10:47 AM

Jason Price

Mortgage Financial Group, Inc (NMLS 219650) - Tavares, FL

The Mortgage Rider

You are so correct in your comment that honesty is the best policy. I just had the same happen to me where the client caught the loan officer in a lie. They do make it more difficult for the rest of us, but when it comes to referral business, we will be the ones that see the success.

Oct 08, 2006 11:35 AM

Brian Brady

Matthews Capital Markets - Tampa, FL

858-699-4590

The term "lie" in lending is thrown around quite a bit when it shouldn't be. Many inexpreienced LOs get improper information from equally inexprienced wholesale lenders' reps.

What appears to be a lie is actually a misinterpretation of underwriting guidelines. These incidences will drop in direct proportion to the industry "shakeout" you predict.

Oct 08, 2006 01:07 PM