This month's Coach's Corner highlights the unsettled nature of both the real estate and the mortgage industries. The mortgage industry is almost in chaos, with so many changes already in place that aren't yet fully digested and many more coming of even greater impact. As I quoted Will Rogers last month, "things ain't what they used to be" but they sure won't ever be this way again. In my view, the losers will be the little guys, like the mortgage brokers. And, ultimately, unfortunately, you, the consumer, will be paying higher prices and won't have the same loan program options available.
Sincerely,