Skip to main content

Former Texas Savings and Mortgage Lending Commissioner Danny Payne joins Stone Advisors

National Mortgage Professional
Jun 03, 2008

NAMB meets with staff from Attorney General Coumo's officeMortgagePress.comOFHEO, NAMB, Marc Savitt, Roy DeLoach, Andrew Cuomo, appraisers, Administrative Procedures Act National Association of Mortgage Brokers President-Elect Marc Savitt, CRMS and Executive Vice President Roy DeLoach met with staff from New York Attorney General Andrew Cuomo's office to discuss a proposed agreement with the GSEs and the Office of Federal Housing Enterprise Oversight (OFHEO) barring Mortgage Brokers from selecting, retaining or paying appraisers for any loans purchased by the GSEs starting on Jan. 1, 2009. NAMB representatives fully explained the unintended consequences of the agreement with mortgage brokers and that the proposal violates the Administrative Procedures Act (APA). Staffers were also provided information on mortgage brokerage licensing in each state and seemed very open to suggestions on improving the agreement. For more information, visit www.namb.org.
Published
Jun 03, 2008
Guild Mortgage Acquires Inlanta Mortgage

Guild CEO says acquisition is part of broader plans to expand nationwide.

Industry News
Dec 02, 2022
Ohio Couple Sues Mr. Cooper Unit Over Loan Modification Denial

Seek class action status over denial of COVID-19

Industry News
Dec 01, 2022
Ready Life Changing The Homebuying Narrative

CEO says that the credit score system is an out-of-date barrier to people of color

Industry News
Nov 30, 2022
Title Business Takes Center Stage

Business turning into a hot topic with proposed changes

Industry News
Nov 30, 2022
Equifax Confirms Credit Report Hike

Costs could go up as much as 400% in some cases, according to NCRA.

Industry News
Nov 29, 2022
‘Massive’ Increase In Credit Report Cost Coming In 2023

NCRA says a 'vast majority' of mortgage lenders will incur price increases ranging from 10% to 400%.

Industry News
Nov 28, 2022