auto broker: Have We Kicked Mortgage Brokers to the Curb Too Soon? Why Mortgage Brokers Will Survive - 07/28/09 04:20 PM
Today I got an e-mail asking me this:  Are mortgage brokers going to survive this economic meltdown?
My answer is YES, and it comes from my experience as an AUTO BROKER.
Over the last 25 years , franchised auto dealerships here in California have done everything in their power to get rid of auto brokers.
Because dealers held all the power (money along with an organized lobby) and auto brokers were small, independent business people, guess who got the most attention from the lawmakers in Sacramento?
Politician thinking: "Money from the big guys? Or protect consumer choices?" Hmmmmm...what should any self respecting politician do?
Since the "real" agenda of the … (53 comments)