Will Wholesalers Be Cutting Back on Approved Brokers?

Mortgageguy70 has posted on the Mortgage Grapevine, “Little bird on a wire told me lenders are getting hit hard by the CFPB and where the line in the sand is drawn between the lender and the approved broker and who is responsible for what.”

He then goes on to say that brokers should expect wholesalers to trim the number of originators they have approved. To read more, visit http://bit.ly/16R8uPg.