2007-03-12 10:58
Mortgage Licensing System Embraced By Some Slammed By Others
Recently we reported on a new nationwide system for licensing and regulating mortgage lenders on the state level.
The system will include an Internet based central mortgage licensing system which will allow applicants to complete one set of forms and submit them to all states in which they do or wish to do business.
…last week the National Association of Mortgage Brokers (NAMB), the national trade association representing the mortgage brokerage industry, released a statement condemning the initiative…
More: continued here
