In case you missed our exclusive report on the Monday National Mortgage News website, here's a bit of news: John Robbins, who exited the business about six years ago, is about to launch a new lending platform – a retail/wholesale shop at that. But Robbins isn't the only former mortgage banker itching to get back in. Zan Hamilton is back, as is Rick Thompson, and a handful of others. And there's more to come. Why are these seasoned industry veterans getting back in the business of residential lending? Answer: they see a golden opportunity to do well as others falter. And they all have one major advantage over the current giants of mortgage banking: they have no legacy assets to deal with.
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