The nation's remaining loan brokers continue to grumble about how they're being treated by certain wholesalers. One loan officer wrote to me, saying she applied to Wells Fargo to become a 'new broker' for the firm and was basically told that unless she could deliver a minimum of 10 loans a month that she didn't stand a chance. "So if they are really wanting to do business with brokers it appears they want all of the business going to them or nothing at all." Meanwhile, Freddie Mac released its fourth quarter results Wednesday morning. It lost a ton of dough -- which was not unexpected -- but apparently its accountants have been making some boo-boos when it comes to calculating loss severity on its holdings...
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