Bill signed to regulate AZ loan officers
I just read an article in the Phoenix Business Journal today regarding a new bill that Gov. Janet Napolitano has signed into law to regulate individual loan officers in the State of Arizona. As it stands now, only the mortgage broker is required to be licensed. Personally I am in agreement with the new law. All realtors are required to be licensed, not just the broker they work for, so why should the mortgage profession be any different?
To read the full story click on the link: http://www.bizjournals.com/phoenix/stories/2008/07/14/daily11.html?f=et73&ana=e_du
