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Tony, looks like you have found your way around active rain.  Awesome.  I am in the group.  Invite alot of guys, I will look around and invite some too.
 I spoke with Chris Ciapciak from Wells Fargo today about there new Mortgage Broker Fee Disclosure.  This is a pre implementation of what is going to be passed into legislation.  Chris said that the OCC held a meeting with all CEO's of Wholesale lending institutions and kindly asked them to start putting this New Disclosure in place.
It looks like it is a done deal no matter how much NAMB protest's.  The Banking Institutional lenders are all laughing and throwing a big party this weekend.  The understand that this is a major battle won for them.
Here is what kills me, Banking institutions have called for this kind of legislation for a very long time and now we are in a so called credit crisis they have all pointed the fingers at us like we caused the foreclosure problem.  This is totally bogus but they are no preying on consumers by getting this legislation envoked.  They know that this new disclosure will ultimately cause confusion in the consumer world and it will make us look ... more

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