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Who Should Mortgage Brokers Represent?

 
 
 
 
 
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This is the 2007 congressional testimony of Harry Dinham, President of the National Association of Mortgage Brokers (“NAMB”).

Dinham explains in this document that "“Simply put, a mortgage broker should not, and cannot, owe a fiduciary duty to a borrower. The consumer is the decision maker, not the mortgage broker,”

For the whole story, see:

Who Should Loan Officers Represent?

http://www.ourbroker.com/?p=2189

Source: www.OurBroker.com

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Date Added

06/17/2009

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