WILL MORTGAGE BROKERS SURVIVE THIS LAW?
Thursday, May 27, 2010 | Harlan Griswold III
Restoring American Financial Stability Act of 2010
When this new law is fully implemented, it appears that Mortgage Brokers will be limited in what loans they can originate and one wonders if mortgage brokers will even survive this change.
One of the provisions of the law requires the lender to retain a percentage of ownership, which clearly ... [Read More]
