The mortgage business was decimated by the housing recession and bond market implosion of 2008. Then regulators like our own Todd Rokita here in Indiana took over and finished the project. They beat on lenders, good and bad. They increased fees, they started shopping receptionists and trying to trap them into saying something wrong and then fining or suing the company.
What has our world come to when a $10 an hour receptionist has to worry about being too nice and answering the questions of a customer? Now Representative Rokita ought to be embarrassed that his staff acted so liberally and like government morons.
I digress ... I'm no longer in the mortgage business. I do still provide some consulting, although in saying that online I'm probably putting myself in the way of a lawsuit by some government flunkie. If you're interested in a mortgage loan in NW Indiana, call James Snyder at 219-762-7200. Don't ask the receptionist for a rate quote though, you'll both end up in jail.
This round robbing of speed blogging is picking up speed, where next? Oh yes, remember the good ole days of down payment assistance on an FHA loan? go there!
Wednesday, November 24, 2010
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