Top of Mind Networks

Leading a horse to water and the politics of thirst in the desert

April 6, 2009 by · Leave a Comment

The environment within the mortgage and finance industry has improved “a bit” the last month or two, but don’t allow this to change your view on whether the thirst for regulation and enforcement has slackened in the minds of the public, especially since mortgage late payments and mortgage defaults are expected to continue to rise in the next 12 months. The mortgage broker is still in the desert and they can still be sacrificed for the “greater good” on the way to economic recovery.