It removes a lot of perverse incentives that existed prior to 2008 & the rule coming into effect is why LOs pushing ARMs and trying to talk consumers into higher rates dried up overnight, now it's just all about the best consumer experience & rate we can get, relative to the scenario.Picture related, basically words of warning from people who THOUGHT they should be rate-obsessed, who learned the hard way that there's more to it than that (& to be clear, the people writing reviews share some of the blame, they self-sorted into this bucket of borrowers):

To file a complaint here's a DRE link:  http://www.dre.ca.gov/Consumer...

I recommend finding a small/local community bank that will do a commercial portfolio loan.I've only been play the game for 3 months and personally, I ended up finding a small community bank in Bellville, TX that considers themselves to be a business bank first and a consumer retail (depository) bank second.

Instead, they focus on generating new leads and new business while they find ways to systemize or delegate the time consuming tasks.- A number of other things... but for now, this is a short version of what separates the top performers from those who fail or quit.Best of luck to you moving forward!

Only when there is a vacancy would it be time consuming (mostly).

What individual banks will do if they have "too many" of the "wrong" type of loans, is make consumer pricing worse for those ones, and if they are lacking another tranche, great, improve pricing there.

However it's also a lot harder, time consuming, and tedious.

There is seemingly endless amounts of content to be consumed here.

They use it to track disposable income which might give some insight for consumer confidence and spending.

I'm going to be focused mostly on improving my processes so my business is less time consuming.