Why aren't mortgage brokers and lenders hiring...

[Carmen W]

...loan processors from home? What are some "cons" as to why mortgage brokers and lenders aren't hiring their loan processors from home? Especially in the new age of "paperless" offices?

[Rob B, of MD]

Because of the privacy issues with borrowers credit information, for one - the Lender has control over what is in its own offices. Also, as for the brokers, they're on the road, often, anyway, so when they do need to return to a desk, it should be at the office. I hope this helps.

Good luck!