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Sep30
Mortgage Broker Registration Step in the Right Direction
Taffy Wagner September 30, 2006
Know More: Current News, Mortgages 2.0, Mortgages
Here at last is something that a lot of people in Colorado have been waiting on. Clearly the fact that Colorado was number one in the nation for several months in foreclosure says the industry was not regulated. Now, October 1 mortgage broker registration begins. It was passed during the last legislative session. There has to be a way to reduce mortgage fraud. Well, I do believe this is one step in the right direction. Colorado was the 49th state to regulate brokers. Better late than never right. It was definitely taking its toll on consumers.

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