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Realtors beware, you may be next.  Actually I believe you will be next.  Realtors are the only branch of the lending industry that has yet to be over-regulated by Big government.  Please see blog below, I agree 100%.

Via William J Archambault Jr (The Real Estate Investment Institute ):

Then they came for the REALTORS®!

 

First they came for the mid-level bankers, and I did not speak out-

because I was not a mid-level banker;


Then they came for the appraisers, and I did not speak out-

because I was not a appraiser;


Then they came for the Mortgage Brokers, and I did not speak out-

because I was not a Mortgage Broker;

Then they came for the Consumers, and I did not speak out-

because I was not a Consumer;


Then they came for the REALTORS® -

and there was no one left to speak out for me.

 

Then they came for the REALTORS®!

There is very little difference, today than when Pastor Martin Niemöller (1892-1984) wrote the original just different scape goats!

Today Dodd-Frank took away the consumer's options and choice about mortgage origination and control of their cost.

It's been twenty years now, since the Chairman of Countrywide made his speech about getting rid of the Mortgage Brokers, the very people that made him rich, to bring the origination fees back to the Banks. Today the Mortgage Brokers are nearly gone.

Then they came for the REALTORS®!

It's been even more than twenty years since the Banks wanted to get into/control real estate sales! Can the REALTORS® who didn't speak out for the mid-level bankers, for the appraisers, for the Mortgage Brokers, or for the Consumers really think all their finger pointing will protect them? Pastor Niemöller faced annihilation for 5 years in a Nazi concentration camp, may the REALTORS® be so lucky.

IE: MoPros Eat No Mo!!! New Amendment to Reg Z goes into affect April 1st. REALTOR, how long will you be eating?

 

 

Bill

William J Archambault Jr

The Real Estate Investment Institute

wja@reii.org      Cell 832-259-7078,      Houston 832-582-8415,       Las vegas 702-516-1569

     http://www.reii.org  Back Cover One House At A Time http:www//reii.org http://www.flippingforfunandprofit.info/ http://www.billarchambault.com   

From my past: GRI 1975, FLI 1974, Catalyst from a client 1974 an agent that makes things happen, REII, The Real Estate Investment Institute 1995.

http://www.reii.org

©William J Archambault Jr   ©The Real Estate Investment Institute   ©REII

Melissa Kulikoff
Texas Loan Officer

Residential Lending Services
cell: 210-849-9030
email: melissa@mkulikoff.com
For Home Loan Information

 

 

 


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Melissa Kulikoff

San Antonio, TX

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Amcap Mortgage, Ltd.

Address: San Antonio, TX, 78259

Cell Phone: (210) 849-9030

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