mortgage brokers

Fighting Back

Fighting Back By Sam E. Blackburn Client pressure, especially from mortgage brokers, continues to be a serious problem for appraisers.  Lender pressure will continue to be a problem until Congress enacts predatory lending legislation to prohibit unethical conduct.  As long as lenders and brokers control who receives appraisal assignments and can act with little fear… Read More

Mortgage Broker Information by State

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Mortgage Broker Information by State Editor’s Note: These regulations were taken in 2002 thanks to http://www.bankrate.com/nsc/news/mtg/20010104b.asp. STATE REGULATOR (linked to Web site, where available) CONSUMER HOTLINE WHERE TO CHECK YOUR BROKER’S LICENSE INFORMATION SELECTED REQUIREMENTS Alabama (No regulations) N/A N/A N/A N/A Alaska (No regulations) N/A N/A N/A N/A Arizona State Banking Department 1-602-255-4421 Licensing… Read More

Mortgage Broker Fun Facts

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Mortgage Broker Fun Facts Felons Can’t Vote in Florida but are Free to Fleece the Public From the Miami Herald: http://www.mortgagenewsdaily.com/7242008_Florida_Felon_Mortgage_License.asp The Miami Herald’s investigative team reported on Sunday that the state has approved over 10,000 mortgage broker licenses for convicted felons since 2000; over 4,000 were issued to individuals who had been convicted of… Read More