no one is above the law, including loan originators
08/17/09 20:17
Everyone who attempted to do so was easily getting in on the sub prime mortgage frenzy which became very popular in years prior to the economic collapse.
Where selling mortgage loans was concerned, regulatory things became null and void. These things were such as obtaining licenses and or meeting particular requirements in training.
This is beside the law and should be dealt with in accordingly. Maybe these loan originators need to understand the seriousness of this particular practice as they should be properly educated on this subject of interest.
