Posted on in Mortgage Regulation
I’ve been watching a comment thread develop over at Think Big Work Small. The daily video blog by Frank Garay & Brian Stevens is a popular destination for originators in the mortgage industry. This particular piece was about NAMB & NAIHP each filing their own respective lawsuits to stop the Fed from implementing the new compensation regulation for mortgage originators which is set to begin April 1st, 2011. To gain some perspective, I thought it would be interesting to collect some of the “inspired” comments from the peanut gallery and group them by category. Valid feedback that NAMB & NAIHP should ponder “I have looked into joining NAMB in the past but haven’t because they make you go through your local/state organization that charges a very steep membership fee. Additionally, when NAMB sent out an email link asking for contributions a few months ago I was willing to give, but the link had a minimum donation amount of $200. That […]
by jberman