"According to the Utah Division of Real Estate, 2010 began with 9,027 mortgage licensees. Only 5,200 of those licensees transitioned onto the database by the May 31, 2010, deadline. Of the 5,200 licensees in the system, only 2,000 have requested renewal and met requirements."
I'm a Licensed Associate Lending Manager here in the state of Utah. I take great pride in running an honest business, and educating each and every client on how to improve their overall quality of life through home ownership. This article simply shows you we're going through a cleansing process in our industry which is well overdue.
Please reach out to me if you have any lending questions, and or real estate needs.