Brokers.going.going.gone!

[Gregory Beck]

I think right now any mortgage broker wth half a brain would be selling FHA where else can you get a loan with 3% down. And right now the mtg borker can order his or her own appraisal. If the full HVCC goes through then the mtg broker can order the appraisal via the AMC. I never did much mortgage broker work so I'm not having the business loss alot of other appraisers are having.:icon_lol:

 

[liberated]

I have made several sales calls over the past 8 months, without success. Many MB's are going into other business ventures. I have been told that some MB's have gone into
used auto sales....I guess auto sales will be the next bubble to hit?

 

[starmansf]

I always suspected I was dealing with a lot of used car salesmen.

 

[Workbox]

Now that I am a realtor and have some homes that I am both showing and closing, I give the MB's a hared. "Did it the VAlue?!", "Get Me Another Appraiser?!", "I need a Comp Check?!" I usually get the skirmish-Oh-God-No laugh out of them.

 

[Jim Onderisin]

I always suspected I was dealing with a lot of used car salesmen.

Where have you been? That's what they do when the mortgage cycle turns down. The mortgage cycle has been up for so long everyone forgot who they were dealing with?