I wrote a blog about a training I attended last Friday on the Good Faith Estimate 2010.
One of the old timers at the training feels, the coming changes will shrink the pool of LO's.
Will the pool of Loan Officers become smaller in 2010?
Time will tell....
I do know that as of January 1, 2010 some mortgage companies including mine will not let a LO's originate until they have completed the required training.
Some of the LO's are having heart burn with some of the requirements. Other are accepting the changes, learning them and preparing for a great 2010.
January and February will be a learning and adjusting time for us.
Have a Happy Holiday and Have a Great 2010
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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com
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