Then they came for the REALTORS®

Reblogger
Mortgage and Lending with Mortgage of Texas & Financial 206672

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%.

Original content by William J. Archambault, Jr. 1retiredsage

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

Posted by

Melissa Anderson
Texas Loan Officer

210-849-9030 cell

NMLS 206672

Amcap Mortgage

email: yourtexaslender@gmail.com

 

 

Comments (7)

Lisa Bear (RE/MAX REALTY CENTER) Waukesha,MilwWI Real Estate 2628935555
Buyers Agent/Luxury/Lake/REO, listing package options - Oconomowoc, WI

Lets not let them catch us!

Apr 04, 2011 12:03 PM
Lisa Bear (RE/MAX REALTY CENTER) Waukesha,MilwWI Real Estate 2628935555
Buyers Agent/Luxury/Lake/REO, listing package options - Oconomowoc, WI

Lets not let them catch us!

Apr 04, 2011 12:03 PM
Melissa Anderson
Mortgage of Texas & Financial - San Antonio, TX

Hope they don't.  I'm sure NAR will fight very hard.

Apr 04, 2011 12:18 PM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

Melissa,

I'm honored!

Thank you.

Bill

Apr 04, 2011 12:44 PM
Melissa Anderson
Mortgage of Texas & Financial - San Antonio, TX

Bill- You speak the truth because you are honorable.

Thanks for sharing with us.

Apr 04, 2011 12:50 PM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Ahhh... those nasty Democrats.  They are SO responsible for absolutely everything that is either wrong with, or that threatens the economy.

Apr 28, 2011 10:04 AM
Melissa Anderson
Mortgage of Texas & Financial - San Antonio, TX

Karen Anne- I'm afraid Frank and Dodd are Democrats and they wrote the bill.  I don't believe my post was either pro or anti any particular party.  The folks who write the bill are the ones to blame in my opinion, whether Dem or Repub.

Apr 28, 2011 11:16 AM