Hi foo1bar,

Unless there was more verbage than what you stated, I think you're putting too much meaning into whether "loan officer" or "loan broker" was used.
To 99% of the US those are interchangable terms.
ie. "my neighbor is a loan broker at BofA" means the same as "my neighbor is a loan officer at BofA".
She wasn't putting too much *meaning* into it... the specific meaning is there regardless if the majority of the public are unaware of the distinction.

I think she was lending the President far too much assumption of intelligence in this regard... I do not believe *HE* understands the difference (and tragically the sponsors of Dodd/Frank have *explicitly* proven they fail at the distinction.)

Dave Donhoff
Leverage Planner