Morgan Brown is the COO of New Day Trust, an Irvine, CA-based mortgage banking firm. Morgan is a co-author with me on the acclaimed Bloodhound Blog and a fresh voice in the mortgage industry. His weblog, Blown Mortgage is a courageous stand against the poor behavior our industry has demonstrated.
The interview had two parts. This part is more relevant for consumers. (Click the link to listen to the 10 minute podcast) I discuss the housing markets in Southern California and the challenges for consumers who are "stuck" in loans they can't afford.
This part is more relevant to loan originators who are looking to increase their business.