NAIHP Files Law Suite Against Federal Compensation Rules, BOA Blocks Mortgage News Show From Their Loan Officers
The National Association of Independant Housing Professionals has filed a laws suite against the Federal Reserve Board in Protest Of the Federal Loan Officer Compensation Regulations that go into effect on April 1st, 2011. I have covered this rule before and the inequities it will create in a free market place. Bottom line is, that this rule will not be good for consumers, nor for small business. Check out what the Daily Show Has to say about this. These guys are right on the money, no punn intended.
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