I met with a journalist that had a conversation with one of the mega-mortgage banks who told her that if you did not put in your full application by October 1st, they could not guarantee a closing by 11-30-09.What are they smoking?Are buyers and real estate agents going to stand for this?Of course not.They are going to find a mortgage broker that gives a darn (or you can replace that with any other 4 letter word of your liking.The hard working pros that are on the ground will be the ones to push the deal through but don't wait until November.The final day to really start a mortgage is October 31st. Happy Halloween!Now, what will happen after this date? I foresee that is when there will be an extension of the credit. It will not be what it is now because the CBO has said it will cost bet...
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