Submitted by Mortgage News Desk on Jan 5 2012
Change. Few words in the English language evoke such equal and opposite feelings—of both dread and excitement. Rapid and relentless, everyday change is precisely what mortgage brokers face, and I’m not referring to mortgage rates. For the past two years, waves of federal legislation and regulation have been transforming and changing the home financing and lending landscape. Any mortgage broker still in business must consider a fundamental change: Should they remain a broker or join a banker?Click to continue