2017 Feb 3, 1:09pm
1,140 views 3 comments
In California, Mortgage Brokers are fiduciaries and have been for decades. How'd that work out during the Financial Crisis? Did it prevent NINJA loans?
What an onerous rule. Advisors actually have to work in their client's best interest.
Of course, many rules under Dodd-Frank Redtape Token Reform Act have yet to be finalized - and that's not the evil Republican Congress, but Obama's many Wall Street white shoe attorneys and wristslapping Prosecutors he appointed to the various agencies