|
|
Article: Colorado mortgage brokers voice support for professional regulation by state.
- Article from:
- The Denver Post (Denver, CO)
- Article date:
- October 19, 2005
CopyrightCOPYRIGHT 2005 The Denver Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Margaret Jackson
Oct. 19--Mortgage brokers voiced support Tuesday for a state agency's push to regulate their profession.
Still, some were skeptical about whether regulation would protect consumers from bad loans.
"I think it's a great idea," said Nicole Snow, a mortgage broker in Denver. "There are a lot of people who get into the mortgage industry who don't necessarily belong. One bad apple ruins the whole bunch." Susan Writer, a broker with Mortgage Writer Inc., supports registering mortgage brokers but says the profession shouldn't be regulated by the state's Division of Real Estate, as was proposed.
"Mortgage people are ...