Monday, March 3, 2008

The Subprime mess and Mortgage Meltdown

As a mortgage professional I am still scratching my head over all the the foreclosures going on in this country. I can proudly say that I have not had one loan that I have written ever foreclose. A good loan officer knows if there is a problem. It’s not that hard to figure out if someone is going to be able to keep up with payments over the long haul. What do you think we need to do to keep the bad loan officers out of the business? Do you think that we need to have a national licensing program? I can tell you that I have had enough of being lumped into the same pool as these other less than reputable loan officers.



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