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NAIHP Statement on Release of the LO Comp Rule

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  • Bryan Buck | | 30 Jan 2013, 07:49 PM Agree 0
    Let me help answer Marc's questions: The reason why "dual" compensation is not allowed for brokers but is for creditors, and why brokers are required to comply with the misnamed "Safe" Act and creditors are not is because the CFPB is designed to put the individual and small brokers/bankers out of business so ALL mtg. activity is driven to the big zombie banks that pay billions of dollars in lobbying kickbacks. Marc: If you lie down with dogs you get fleas; quit playing in an arena that pretends what is going on is legitimate, and fight back against an immoral, unjust, and UNCONSTITUTIONALLY designed and appointed bureaucracy with unlimited deep pockets and no accountability or oversight.
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