petyaczar

Mortgage Brokers, RIP

YOur comments are superficial and specious.

In an age when anbyone can get a real time stock price quote on TV or over the internet or phone. Then using your false logic, why should stock brokers and market makers exist! You answer must be they should no longer exist.

Banks and investment houses talk donw and dis brokers because brokers ARE THEIR COMPETITION and the banks do not like competition.

I would suggest that the BANKS are the dinosaurs in the 21 century financial equation. A bloated bunch of miscreants with outdated policies and fee structures situated in concrete slabs cheating people out of their money on a regular basis by paying zero percent on depositied available funds and overcharging on the loans made with those very same funds.

I minimize my exposure and business dealings with banks down to an absolute minimum. Give me a competent independent broker EVERY TIME. Whether that be mortgages, real estate,insurance, or stocks.

Whio cares what those dinosaurs- the banks and investment houses- have to say dissing their competitors? All such entrenched 19th and 20th century financial infrastuructre should go away and be replaced by the free flow and availablility of information and capital utilizing independent agents (brokers) and the internet. etc.

You are an "apparchilk" of the past.