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michael@valleyfi
70 Posts |
 Posted - 06/24/2008 : 11:58:13 AM
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| We all know that in California many of the banks want to take APPROVED CLIENTS from brokers and "Re Approve or Re Qualify Them" "Just In Case" - -isn't that unethical? We know it is not for anything other then straight stealing of the business from broker to lender. My client was told by INDY MAC that if he didn't do a loan with them he couldn't get the house - we found him another home - thank you very much. This has happened about 6 times in the last 5 weeks. The ethical levels of many in this industry have gone from bad to worse. |
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dkendall1979
8705 Posts |
Posted - 06/24/2008 : 12:21:13 PM
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A company is only as good as it's weakest link. Unfortunately when you get a bottum of the totem pole paper pusher working for a large company, a lot of things go unnoticed, such as what you mentioned above.
My gut tells me that if you could document the transpirings and present that to the president of said company, the LO (in this case) would be out of a job. |
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