Call Your Members of Congress Today. Urge them to Delay the Fed Rule on LO Compensation Regulation Z: 12 CFR 226
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What:
NAMB is issuing this action alert and calls on its members to contact their Senators' or Representative and urge them to stop the Fed's Rule on Loan Originators Compensation. Congress must examine this issue and call for an immediate delay in the rule so that it may be addressed in the CFPB and a complete compliance guide that answers all questions is published.
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First Step:
Call your Members of Congress to voice your opposition to the Fed's rule on Loan Originator Compensation.
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Write:
Write your letter to the Federal Reserve Board (sample letter can be found on NAMB.org) and fax or email a copy to your lawmakers
why don't we use our NMLS as a way show how many true originators we rather than just membership?
TheLoanman7 10 months ago