I own a vacant house in the boondocks that went under contract to sell eight weeks ago.  We were supposed to close Tuesday.  

Everything was going great they all said. 

Instinctively wary, I spoke to the buyer's loan officer Monday, at her invitation, and she said we were in line for closing docs - all set to close! 

Needless to say, we did not close, might never close and who knows where things stand because in the aftermath CYA is the order of the day.   The loan officer has demonstrated I cannot count on what she says.

The irony is I've been a mortgage broker for ten years and my customers close on time, I go through great pains for that.  If one of my loans is not ready to close 5 days before closing, I roll up my sleeves and get it ready.  But this rarely happens because good work up front prevents problems later.  I trained my staff to do the right work up front and they are very good at what they do.  That has earned me a lot of referrals and many loyal realtors. 

Sadly, this shady loan officer probably cost her clients a home.  The buyers were probably very nice people who counted on their loan officer's word.  The loan officer swears she will get it done still, but what she explains does not not add up.

Touche!  I am a victim of the pirates in my own industry.  Enjoy.