February 8th, 2011 3:25 PM by Eric Fang
Yesterday, a lender called me that they had to cancelmy loan because the selling agent was on a national watch list.
As business courtesy, I should not give the lender'scontact info to the agent. And I was not allowed to doso. But the agent promised me that he did not do anythingwrong in the past, and was upset that he was on the list.
So I gave him the contact info. The lender was a little bitupset(because I gave out the numbers), but the good newsis that the person on the list was not the same personas the selling agent.
And we can proceed with the transaction again today.
The problem is: did I do it right? Though I helped the agent this time, it was not my best interest and it was not right to give out the contact info.
Though it's unfair to those agents who were mistakenlyput on the list(especially with the same names), If this happens again in the future, I may not be able to helpnext time.
Otherwise, I may be kicked out by the lender.