If a real estate agent wanted to complain about practices of a particular loan officer/mortgage broker, how would she or he go about doing that? Is there a formal procedure or a form to fill out?
If the complaint is on behalf of a consumer, the consumer should make the complaint. For example, if the lender hasn’t provided a good faith estimate or won’t refund a client’s trust account funds, the consumer should make the complaint. To file a complaint, the consumer should send a letter to the Oregon Division of Finance and Corporate Securities outlining what happened. There also is a complaint form on the DFCS Web site, http://dfcs.oregon.gov/complaint.html, that a consumer can print, complete, and send in. If the issue is time sensitive or if there is a barrier to filing a written complaint (such as a literacy issue), the consumer should call DFCS at (503) 378-4140. There are some instances, though, when it is more appropriate for the real estate agent to make the complaint. For example, if the real estate agent has noticed a pattern of a broker not providing good faith estimates promptly or not refunding clients’ trust fund accounts, it might be appropriate for the agent to mak
Related Questions
- If a real estate agent wanted to complain about practices of a particular loan officer/mortgage broker, how would she or he go about doing that? Is there a formal procedure or a form to fill out?
- I am a mortgage broker and a real estate agent wants to come and work for me as a loan officer. Can they be a loan officer and a real estate agent on the same transaction?
- Can I act as the Real Estate Agent and the Loan Officer in the same transaction?
