Federal Reserve Board files Motion to Consolidate NAIHP & NAMB Lawsuits

Today, the Federal Reserve Board filed a Motion in U.S. District Court to consolidate lawsuits filed against the FRB by the National Association of Independent Housing Professionals (NAIHP) and the National Association of Mortgage Brokers (NAMB). This move was predictable by the Fed, according to Marc Savitt, NAIHP President.