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It's all about past performance... Not all brokers are bad!

I'm not putting any flashy pictures or exotic text in this post I just want to point something out. I saw a news broadcast recently that focused on the lack of ethics within the "mortgage broker" community. the entire hour long broadcast talked about the economic turmoil that we are in and blamed mortgage brokers.

The people (so called analysts) on the screen... Read More

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Financial Institutions Pare Lending

Many financial institutions in this nation are required to maintain "reserves" in order to hold onto certain credit ratings that are a requirement of doing business within the financial sector. The requirements vary depending the the type of business being conducted. Mortgage brokers for instance are required to hold a $100,000.00 bond in order to legally stay in... Read More
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