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...
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