Posted On: May 10, 2007 by Rich

Ethical Mortgage Brokers Stand Up And Be Counted

One of the many real estate blogs that I follow is HousingPANIC (soon to be added among others to my Fellow Bloggers sidebar). I find its author presents an honest and ethical review of the happenings in an industry that at times is anything but.

I have talked here about the how the problem of unethical lending practices both by loan officers and institutions has added to the rash of foreclosures and accounts partly for many of the problems homeowners are facing today. When I was reading HP today I saw this open letter authored by Morgan Brown, a mortgage broker who seems to be acting as part of the solution instead of the problem. By the way, Morgan also has blog that is worth taking a look at.

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