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Loan Modification

: Mortgage Lender Implode-o-Meter

Florida mortgage brokers face stricter licensing rules

By Implode-Explode Heavy Industries

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"You can be a doctor, a lawyer or a congressmen with less scrutiny than a mortgage originator right now," said Tim Mattingly, president of United Mortgage Partners of Orlando. "A lot of this is overdue, but a lot of it, like the mortgage industry itself, is overdone. The pendullum has swung much too far, and it's going to take a while for things to settle down."

Full post as published by Mortgage Lender Implode-o-Meter on June 14, 2010 (boomark / email).

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