Why are the National Association of Mortgage Brokers’s (NAMB’s) Mike Anderson and MBA‘s Dave Stevens talking at the NAMB convention?
Washington, DC – the National Association of Independent Housing Professionals (NAIHP) has asked President Obama to suspend several regulatory agency rules that have created harmful consequences for consumers and small business. In a letter dated June 13, 2011, NAIHP President Marc Savitt, told Mr. Obama, “As you are well aware, this country is experiencing the…
It might not always be easy to spot mortgage scams. However, it can help to know some of the warning signs to look out for. Below are six red flags that might indicate you could be dealing with home loan fraud or mortgage scam: A company tries to pressure you to sign over the deed to…
Current National Association of Mortgage Brokers (namb.org) President Michael D’Alonzo and his company, Creative Mortgage signed a consent agreement with the Commonwealth of Pennsylvania for violations of the Real Estate Settlement Procedures Act and the Pennsylvania Mortgage Licensing Act. The state alleged that on 18 occasions Creative Mortgage, Michael D’Alonzo owned company, a non FHA-approved mortgage broker, submitted FHA insured mortgage…
NAIHP has filed a formal complaint with the Inspector General’s Office, alleging Fannie/Freddie and their regulator agreed to the terms of the Home Valuation Code of Conduct (HVCC) as part of a plea bargain like agreement to avoid further investigation by the New York Attorney General’s Office. In December of 2008,Fannie Mae, Freddie Mac and…
Significant U.S. Supreme Court rulings in 2015 which garnered a lot of media attention addressed diverse topics which included: lethal injection; same-sex marriage; healthcare subsidies and pollution limits. In addition, there was one ruling involving housing discrimination that could profoundly impact the community association industry. The 5-4 Supreme Court holding in Texas Department of Housing and…
We may have come a long way from the days of philosophers such as Socrates, Kant and Nietzsche, but when it comes to the ethics they shaped and espoused, they are as relevant today as they were in their day. Defending the concepts of right and wrong conduct amidst a wealth of moral and personal…
