Mortgage Brokers Unite!

As a mortgage broker, I'm sick and tired of the negative attention we mortgage brokers receive. The misdeeds of some are portrayed as an industry wide epidemic. All I see in the newspapers, magazines and on television is negative press about how a homeowner was duped into a loan they couldn't afford because of a mortgage broker. Sure, there is a bad element to our industry but the same can be said of any other industry.

I can't remember ever reading an article or viewing a newscast about a happy homeowner who used the services of a mortgage broker and was able to save thousands of dollars by doing business with the mortgage broker as opposed to going directly to the bank. For the most part, consumers do not see us as trusted advisers who are acting in their best interest. Many see us as salespeople, trying to make as much money off of a transaction as possible.

I know there are mortgage brokers in our industry that care for their clients the same why that I do. We explain all of the clients’ options, work closely with our clients throughout the transaction, pass our wholesale savings to our clients and provide the personal attention and service we would expect to receive ourselves.

The purpose of this blog is to unite the ethical, hardworking individuals of the mortgage brokerage industry by providing information and insight to the negative media attention we in the industry are receiving. I will respond to as many article and newscasts as possible in order to show how we on the other side of the fence feel about that particular piece of news coverage. Hopefully as I continue to write this blog, consumers will stumble upon it and make their own decisions concerning us mortgage brokers. Welcome to my blog and whether you're a mortgage broker, are employed in the mortgage brokerage industry or are a consumer; please contribute to this blog by leaving your comments.