Meltdown in credit, housing markets tops year's business news in ...Canada East, Canada -8 hours agoWhile the Bush administration prodded the mortgage industry to freeze increases on adjustable-rate mortgages for some borrowers, observers were split over ... The loan officer's job is to help you process your application for a mortgage. To see if you're suitable a certain mortgage product, they will look into your personal credit account and start the approval process for your transaction.
