There are truly only four real banks left standing

Good day everyone,

Another interesting week has passed.   Lately I have been getting many calls from past clients who have been swayed to the other side, retail.  Their tales of woe are filled with how poorly they have been treated and promises made and not kept.

There are truly only four real banks left standing, Wells Fargo, Bank of America, Chase, and Citi.  Consider the implications of that fact alone.  Trillions of our dollars are with these institutions.  Now there are only two mortgage investors, the step twins, Fannie Mae and Freddie Mac.  They make the rules that we have to borrow be.  We little people mean nothing but yet another number to them.  Think ER without the compassion.

My only hope is that it will get better in 2010.  In the meantime, work with your local mortgage broker and his or her team.  Let them take all the heat from the bank.  They will work very hard for you, the individual, and your needs.  They will treat you with integrity and a smile.  Not only that, they will disclose all fees and profit, and more likely than not, the mortgage broker will be able to get you a better rate.

So please, Support your local mortgage broker!!

More Info http://nvmortgagereno.com