All Posts Tagged With: "licensing"
Mortgage Reform Now — 6 Ways To Fix What’s Broke
For all the talk of reform on Wall Street, a quicker and easier way to assure that big banks don’t fail and small borrowers don’t get screwed is to simply fix the mortgage origination system. Fixing the mortgage system is crucial if we’re to prevent another financial meltdown. If the mortgages are done right than [...]
22Apr2010 | Peter G. Miller | 0 comments | Continued
Mortgages: 66,469 Loan Originators Now Registered
About a year ago something called the Nationwide Mortgage Licensing System and Registry (NMLS) was established to list all mortgage loan originators. So far, the system includes 66,469 loan officers with more to be added shortly. What is the advantage of this program? Each loan officer gets a unique license number. If they lose their [...]
12Aug2009 | Peter G. Miller | 0 comments | Continued
Should We End State-Wide Real Estate Licensing?
By it’s nature real estate is a localized commodity. If you’ve ever heard someone say, “my home would be worth $400,000 more if only it was located elsewhere” you can see the issue: Location is crucial. The home isn’t located elsewhere, it’s located where it is and that’s one reason it’s not worth an additional [...]
16Sep2008 | Peter G. Miller | 0 comments | Continued
Is Real Estate Brokerage Ready For Term Licensing?
More than two million people now have realty licenses, a number which raises a question: Does the marketplace really benefit from so many licensees? The debate here is more complex than it may seem. As a society we want minimal entry barriers so that the business of real estate is open to all and also [...]
12Sep2008 | Peter G. Miller | 0 comments | Continued
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