survey of loan originators found 70% of respondents were interested in opening their own shops, with 44% saying that a lack of funding was the primary obstacle.
chairman Mike Holling told BBC Radio 4's Today programme: "It's not been good at all.
In the past, brokers could lower their compensation rates in order to get the consumer a better deal on a big loan or an easy transaction, explained NAMB
president Michael D'Alonzo.
Then in the third part, the article discusses whether the Cuomo agreement should, as the NAMB
believes, be thought of as an informal rulemaking.
Though people in the industry understand the competitive disadvantages of losing the control to pick preferred service providers, appraiser selection is dead, despite vigorous protestations from NAMB
. Deal with it, move on, and warn your borrowers about the delays this will cause in their transactions.
In general, industry advocates including trade associations such as the Mortgage Bankers Association (MBA), (24) the National Association of Mortgage Brokers (NAMB
), (25) and the American Financial Services Association (AFSA) (26) either oppose a suitability standard, or argue that if some standard is developed, then it must be clear and objective in nature, adopted as a federal standard, and should not provide for a private right of action.
? expanded its New York showroom at 41 Madison, increasing the square footage by more than double.
has put a new spin on wine accessories with the Tilt wine stopper and ring combo.
Mike Ross, D-Ark.; Barry Habib, publisher/editor of the Mortgage Market Guide; current NAMB
Presi-dent Bob Armbruster and Joe Falk, past NAMB
president; and HUD/FHA, Freddie Mac and other housing industry leaders.
I will inform the nominating committee and NAMB
board about my involvement, or that of my firm, in any material litigation that could negatively impact the reputation of NAMB
and my fellow board members.
The National Association of Master Bakers (NAMB
), 21 Baldock Street, Ware, Herts SG12 9DH.
DENOMINATIONAL MATTERS: The High Cost of Interfaith Gatherings: A June announcement by the Southern Baptist Convention's North American Mission Board (NAMB
) indicated that it would break financial ties with the District of Columbia Baptist Convention (DCBC) in 2003.