If you haven't heard, the Minnesota Legislature is looking at passing a law this session that would require a Mortgage Originator (someone who can write loans AND employ loan officers) to have a provavble net worth of at least 1.5 million dollars outside of their business. This would do 2 things-
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01/22/2007
I'm just curious this morning.....If you are helping a client, and they ask you for a recommendation for a trusted loan officer, how many names or cards would yoiu give your client?I've heard some say 'one', others 'two' and even a couple say 'three'.What are your feelings on the subject?
01/16/2007
As a chair of the Minnesota Association of Mortgage Brokers, I get involved with a lot of things that try and help the consumer in Real Estate transactions. However, I also get to see some of the tricks played by unprofessional Mortgage people- the 'Bad Apples'. One came to light again today- hop
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01/11/2007
After having breakfast with a divorce attornry today, (about referral business, not for my own personal use, thank goodness!) he talked to me about a problem he sees....that Realtors are not giving honest home price listing information to the 'homebound half' of a divorce. He accused most Realtor
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01/04/2007