URGENT NAMB Files Suit on LO Comp
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Awesome! Fight the Power! I have been brokering loans for 11 years and have seen so much change in our industry. The SAFE act & NMLS got rid of the bad actors. These new COMP changes are unbelievable & although maybe well intended to protect consumers, they cause GRAVE harm to both our industry and also to the very consumers they aim to protect. LOANS are not ONE SIZE fits all. What about the consumers with small loans ? or the ones with JUMBOS ? FIXED no variance pricing causes HARM TO MANY !
danthemortgageman 11 months ago
Okay so you went in at alone, but shortly were added as one lawsuit. Were in the process are we at now?
AndrewCSemple 11 months ago
I just made a $500 donation. A pittance compared to what this industry has done for me and my family.
Where is the support? Post your donations, or post your resume. This is it. If this goes through, we are toast.
tdogdeluxe 11 months ago
Donate Donate Donate everyone should support NAMB here especially consumers who are about to get taken to the cleaners if this goes through.
Regulatorsrunwild 11 months ago
Unfortunately, yes there are liberals everywhere. They are a plague on and half of our country's population. Their inept belief systems and morals have affected our entire country in extremely negative ways, and sadlly, this is the tip of the iceberg. The age of the United States being a superpower is coming to an end and it is mostly because of liberal beliefs and the enforcement of them. The Frank Dodd bill is just another log on the fire of the American way. It is gone and it aint comin back
glen713 11 months ago
Fabulous...if everyone sent them $50 it would really support this effort...
Grotz1411 11 months ago
timeline? aprox date it will be ruled on?? will it be ruled on before april 1 deadline?
donyount 11 months ago
Are there any liberal loan officers left?
cniner9 11 months ago
Reposted the Video to my blog, google Bhramayana's Blog. Thanks Mike for your endless efforts.
bhramayana 11 months ago
@oldaqua It's obvious who you voted for idiot.
glen713 11 months ago