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Posted by Jeff Strickland on September 21, 2006, 11:04 pm
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At the brokerage where I worked, the loan officers had to do their own
scenarios. The office manager would offer guidance, but the loan officers
should be able to do this stuff on their own, or they are not very good loan
officers.
Sorry for my skepticism toward your loan officers ...
> Hi all, long-time lurker, first-time poster.
>
> I just found out late last week that the fellow who currently does pricing
> and scenarios for our loan officers at the brokerage where I work, is
> leaving. I've been offered an opportunity to take on the role (Im on the
> admin side right now functioning as a quasi-controller),
>
> So, any suggestions how I can quickly learn his role? Materials I should
> be reading? A brief search on the web didnt turn up any "courses" on
> pricing out mortgages or putting together scenarios. I probably have 2-3
> weeks roughly; I did pickup a few Loan Officer training courses, so I can
> fill in the gaps on what I dont know about types of mortgages.
>
> Any thoughts? Ideas? Crash-courses? Appreciate your feedback.
>
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