Your Loan Officers pedigree...

Very interesting article.  Because of no regulation, now Washington wants to their arms around it and they are just going to cost the consumer even more.

LO licensing, Processor licensing maybe even underwriter licensing.  They will all be added cost for the mortgage shops.  Soon Washington will want to put their hands in LO compensation as well.

Not saying regulation is bad but it feels like what Jerry Seinfeld said in that AE commercial way back when.....  "Classic Over Squeeze".....
 
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