[redsk1]

I'm a loan officer and commissions are no where near what was mentioned above. As a loan officer, I make recommendations to clients based on their goals and situation then leave it up to the client to decide.

It's not necessarily the I/O loan that's gotten everyone in this mess, it's mostly subprime and the option arm (neg am). There are alot of good lenders out there and some not so good. There's also consumers that hear what they want to hear and choose not to do the right thing. Do I make a normal payment or do I spend it on something else? So it's a mix. I've never done a option arm by the way.

The products that I recommend are not pushed by the company. They are, as i said, what I recommend based on the clients situation. I get paid the same no matter what product i close.

So yes, there as some losers in the mortgage industry but not everybody. At the very least, hopefully this will weed out the unprofessional.