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	<title>Comments on: An Unofficial NAMB Regulatory Update on HVCC &#8211; Oh, And A Call To Action For All Of Us NAMB Bashers.</title>
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	<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/</link>
	<description>The Original Mortgage Blog. Providing the Mortgage Industry with News and Information Since 2005.</description>
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		<title>By: Brian Brady</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4338</link>
		<dc:creator>Brian Brady</dc:creator>
		<pubDate>Sat, 13 Jun 2009 18:46:03 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4338</guid>
		<description>&quot;Finally, the big media push starts shortly. The consumer needs to know that Andrew Cuomo is responsible for the additional costs for purchasing or refinancing a house and the destruction of small business and the housing market.&quot;&lt;br&gt;&lt;br&gt;You&#039;re singing my tune now, Marc.  Take this message to the public and watch Messrs Cuomo and Frank dance and double talk...again.</description>
		<content:encoded><![CDATA[<p>&#8220;Finally, the big media push starts shortly. The consumer needs to know that Andrew Cuomo is responsible for the additional costs for purchasing or refinancing a house and the destruction of small business and the housing market.&#8221;</p>
<p>You&#39;re singing my tune now, Marc.  Take this message to the public and watch Messrs Cuomo and Frank dance and double talk&#8230;again.</p>
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		<title>By: Brian Brady</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4337</link>
		<dc:creator>Brian Brady</dc:creator>
		<pubDate>Sat, 13 Jun 2009 18:43:55 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4337</guid>
		<description>&quot;Mr. Cuomo, if you&#039;re listening-there is still time to save your political career.&quot;&lt;br&gt;&lt;br&gt;This is what I like about Marc Savitt.  When his term is finished, he should write a book titled &quot; The Audacity of Common Sense&quot;</description>
		<content:encoded><![CDATA[<p>&#8220;Mr. Cuomo, if you&#39;re listening-there is still time to save your political career.&#8221;</p>
<p>This is what I like about Marc Savitt.  When his term is finished, he should write a book titled &#8221; The Audacity of Common Sense&#8221;</p>
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		<title>By: Marc Savitt</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4336</link>
		<dc:creator>Marc Savitt</dc:creator>
		<pubDate>Fri, 12 Jun 2009 18:07:56 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4336</guid>
		<description>I&#039;m sorry its taken me so long to comment, but I&#039;ve been traveling around the country trying to enlist support to defeat the HVCC. I want to express my appreciation to everyone for their kind words and most importantly for their support.&lt;br&gt;&lt;br&gt;During the past 14 months, NAMB has met with the GSE&#039;s 3 times each. During the first meeting I asked Fannie why they signed on to Cuomo&#039;s agreement so quickly. They responded, &quot;Because he has his foot in their throats.&quot;  NAMB has repeatedly asked the AG&#039;s office to release the results of his investigation, but they refuse to do it. Later next week, we will be formally asking the Dept of Justice to investigate the investigator!&lt;br&gt;&lt;br&gt;I can&#039;t tell you how much it pleases me to see our industry coming together. Its been a tough 2 years for all of us. However, whatever issues we may face, we will defeat them- because we are united. Its also nice to see other professions looking to NAMB for leadership on the HVCC issue. &lt;br&gt;&lt;br&gt;Let me be very clear, WE WILL DEFEAT HVCC! Cuomo may have had his foot in the GSE&#039;s throat, but NAMB has its foot, (fill in the blanks).&lt;br&gt;&lt;br&gt;Currently, we have a giant call to action in progress. In order for the action to work, we need everyone to continue calling EVERYDAY!! Treat it as if your job depends on it, because it does.&lt;br&gt;&lt;br&gt;We are already starting to see results. Cuomo&#039;s office has dedicated a special line just for the call to action. What he doesn&#039;t know is, I&#039;ve got personal extensions, which I&#039;m not afraid to use.&lt;br&gt;&lt;br&gt;Fannie Mae has also responded to the call to action. They want everything in writing, no calls. To quote Barney Frank, &quot; and I want to eat whatever I want and not gain weight.&quot;  They can have it in writing, but the calls WILL continue. In fact, the call to action is growing. More and more groups want to participate. However, you all still need to call everyday!!&lt;br&gt;&lt;br&gt;NAMB also met with FHFA 6 times. The latest was last week.&lt;br&gt;&lt;br&gt;Finally, the big media push starts shortly. The consumer needs to know that Andrew Cuomo is responsible for the additional costs for purchasing or refinancing a house and the destruction of small business and the housing market.&lt;br&gt;&lt;br&gt;Mr. Cuomo, if you&#039;re listening-there is still time to save your political career.&lt;br&gt;&lt;br&gt;Thanks, Marc</description>
		<content:encoded><![CDATA[<p>I&#39;m sorry its taken me so long to comment, but I&#39;ve been traveling around the country trying to enlist support to defeat the HVCC. I want to express my appreciation to everyone for their kind words and most importantly for their support.</p>
<p>During the past 14 months, NAMB has met with the GSE&#39;s 3 times each. During the first meeting I asked Fannie why they signed on to Cuomo&#39;s agreement so quickly. They responded, &#8220;Because he has his foot in their throats.&#8221;  NAMB has repeatedly asked the AG&#39;s office to release the results of his investigation, but they refuse to do it. Later next week, we will be formally asking the Dept of Justice to investigate the investigator!</p>
<p>I can&#39;t tell you how much it pleases me to see our industry coming together. Its been a tough 2 years for all of us. However, whatever issues we may face, we will defeat them- because we are united. Its also nice to see other professions looking to NAMB for leadership on the HVCC issue. </p>
<p>Let me be very clear, WE WILL DEFEAT HVCC! Cuomo may have had his foot in the GSE&#39;s throat, but NAMB has its foot, (fill in the blanks).</p>
<p>Currently, we have a giant call to action in progress. In order for the action to work, we need everyone to continue calling EVERYDAY!! Treat it as if your job depends on it, because it does.</p>
<p>We are already starting to see results. Cuomo&#39;s office has dedicated a special line just for the call to action. What he doesn&#39;t know is, I&#39;ve got personal extensions, which I&#39;m not afraid to use.</p>
<p>Fannie Mae has also responded to the call to action. They want everything in writing, no calls. To quote Barney Frank, &#8221; and I want to eat whatever I want and not gain weight.&#8221;  They can have it in writing, but the calls WILL continue. In fact, the call to action is growing. More and more groups want to participate. However, you all still need to call everyday!!</p>
<p>NAMB also met with FHFA 6 times. The latest was last week.</p>
<p>Finally, the big media push starts shortly. The consumer needs to know that Andrew Cuomo is responsible for the additional costs for purchasing or refinancing a house and the destruction of small business and the housing market.</p>
<p>Mr. Cuomo, if you&#39;re listening-there is still time to save your political career.</p>
<p>Thanks, Marc</p>
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		<title>By: Dana Bain</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4341</link>
		<dc:creator>Dana Bain</dc:creator>
		<pubDate>Thu, 11 Jun 2009 00:02:28 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4341</guid>
		<description>Marc Savitt, Denise Leonard and all of the staff at NAMB.&lt;br&gt;&lt;br&gt;A big  THANK YOU  for all you do to protect my small mortgage broker business &amp; The American Dream..&lt;br&gt;&lt;br&gt;I applaud all your efforts and support you 100%&lt;br&gt;&lt;br&gt;Now in the words of Bob Marley&lt;br&gt;&lt;br&gt;&quot;“Get up, stand up, Stand up for your rights. Get up, stand up, Don&#039;t give up the fight.”&lt;br&gt;&lt;br&gt;JOIN &amp; OR RENEW WWW.NAMB.ORG TODAY&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.namb.org/namb/How_to_Join.asp?SnID=344684308&quot; rel=&quot;nofollow&quot;&gt;http://www.namb.org/namb/How_to_Join.asp?SnID=3...&lt;/a&gt;&lt;br&gt;&lt;br&gt;LISTEN TO THE FOLLOWING NAMB &amp; MARC SAVITT - HVCC. &lt;br&gt;&lt;a href=&quot;http://nationalmortgageprofessional.com/sites/default/files/Marc-Savitt-HVCC-6-9-09.mp3&quot; rel=&quot;nofollow&quot;&gt;http://nationalmortgageprofessional.com/sites/d...&lt;/a&gt;&lt;br&gt;&lt;br&gt;&lt;br&gt;Take action against HVCC today.&lt;br&gt;&lt;br&gt;Have you watched?&lt;br&gt;&lt;br&gt;The following segment specifically Rep Don Manzullo questions to Director Lockhart  (fast forward to 2:52:37)  Director Lockhart body language and responses to the questions were baffling.&lt;br&gt;&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.house.gov/apps/list/hearing/financialsvcs_dem/hrcm060309.shtml&quot; rel=&quot;nofollow&quot;&gt;http://www.house.gov/apps/list/hearing/financia...&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Marc Savitt, Denise Leonard and all of the staff at NAMB.</p>
<p>A big  THANK YOU  for all you do to protect my small mortgage broker business &#038; The American Dream..</p>
<p>I applaud all your efforts and support you 100%</p>
<p>Now in the words of Bob Marley</p>
<p>&#8220;“Get up, stand up, Stand up for your rights. Get up, stand up, Don&#39;t give up the fight.”</p>
<p>JOIN &#038; OR RENEW <a href="http://WWW.NAMB.ORG" rel="nofollow">http://WWW.NAMB.ORG</a> TODAY</p>
<p><a href="http://www.namb.org/namb/How_to_Join.asp?SnID=344684308" rel="nofollow"></a><a href="http://www.namb.org/namb/How_to_Join.asp?SnID=3.." rel="nofollow">http://www.namb.org/namb/How_to_Join.asp?SnID=3..</a>.</p>
<p>LISTEN TO THE FOLLOWING NAMB &#038; MARC SAVITT &#8211; HVCC. <br /><a href="http://nationalmortgageprofessional.com/sites/default/files/Marc-Savitt-HVCC-6-9-09.mp3" rel="nofollow"></a><a href="http://nationalmortgageprofessional.com/sites/d.." rel="nofollow">http://nationalmortgageprofessional.com/sites/d..</a>.</p>
<p>Take action against HVCC today.</p>
<p>Have you watched?</p>
<p>The following segment specifically Rep Don Manzullo questions to Director Lockhart  (fast forward to 2:52:37)  Director Lockhart body language and responses to the questions were baffling.</p>
<p><a href="http://www.house.gov/apps/list/hearing/financialsvcs_dem/hrcm060309.shtml" rel="nofollow"></a><a href="http://www.house.gov/apps/list/hearing/financia.." rel="nofollow">http://www.house.gov/apps/list/hearing/financia..</a>.</p>
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		<title>By: Bill Rice</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4340</link>
		<dc:creator>Bill Rice</dc:creator>
		<pubDate>Wed, 10 Jun 2009 22:00:19 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4340</guid>
		<description>Woot! 100+ comments. Mortgage brokers, lenders, industry - NAMB - here is your army!&lt;br&gt;&lt;br&gt;What a community. Thanks to all who are participating and raising the awareness on this important issue.</description>
		<content:encoded><![CDATA[<p>Woot! 100+ comments. Mortgage brokers, lenders, industry &#8211; NAMB &#8211; here is your army!</p>
<p>What a community. Thanks to all who are participating and raising the awareness on this important issue.</p>
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		<title>By: Sherwood Lawrence</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4339</link>
		<dc:creator>Sherwood Lawrence</dc:creator>
		<pubDate>Wed, 10 Jun 2009 21:38:27 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4339</guid>
		<description>Correction with apologies to GAMB.  The Lobby Day I was referring to was hosted by the Georgia Mortgage Brokers Political Action Committee (GMBPAC).  Linked article updated as well.</description>
		<content:encoded><![CDATA[<p>Correction with apologies to GAMB.  The Lobby Day I was referring to was hosted by the Georgia Mortgage Brokers Political Action Committee (GMBPAC).  Linked article updated as well.</p>
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		<title>By: Cristie C</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4347</link>
		<dc:creator>Cristie C</dc:creator>
		<pubDate>Wed, 10 Jun 2009 18:29:21 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4347</guid>
		<description>Right ON!!! I am a NAMB member and agree. Don&#039;t complain about a problem if you don&#039;t take action!! I have sent several e-mails to ABC News, Spoke with someone &quot;live&quot; in Andrew Cuomos office and also FNMA, and my state representatives....I will keep this up daily, because HVCC - HURTS the consumer and the housing industry. BIG BANKS win by charging the consumer more and having total control. EVERYONE needs to protest HVCC. If you have not experienced the problems yet....you will.. Sign the petition - Requesting Careful Reconsideration of HVCC...last I looked we had over 17,000 signatures.</description>
		<content:encoded><![CDATA[<p>Right ON!!! I am a NAMB member and agree. Don&#39;t complain about a problem if you don&#39;t take action!! I have sent several e-mails to ABC News, Spoke with someone &#8220;live&#8221; in Andrew Cuomos office and also FNMA, and my state representatives&#8230;.I will keep this up daily, because HVCC &#8211; HURTS the consumer and the housing industry. BIG BANKS win by charging the consumer more and having total control. EVERYONE needs to protest HVCC. If you have not experienced the problems yet&#8230;.you will.. Sign the petition &#8211; Requesting Careful Reconsideration of HVCC&#8230;last I looked we had over 17,000 signatures.</p>
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		<title>By: Rod Halvorson</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4346</link>
		<dc:creator>Rod Halvorson</dc:creator>
		<pubDate>Wed, 10 Jun 2009 17:25:37 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4346</guid>
		<description>The regulators and legislators did not listen to any industry experts except, as usual, the banks.   While HVCC shut down the small independent appraisal industry overnight there are indications that it will also be another nail in the coffin of the mortgage broker industry.   As Mr. Savitt has said, &quot;HVCC has nothing to do with consumer protection, it is all about market share.&quot;   This is the most negative legislation our industry has dealt with in the 37 years I have been making home loans.   Any consumer protection group I can identify will also be getting the message on HVCC becuase when it comes to votes this debacle may get some attention.  &lt;br&gt;NAMB NEEDS YOU MORE THAN EVERY.  GET IN THE GAME</description>
		<content:encoded><![CDATA[<p>The regulators and legislators did not listen to any industry experts except, as usual, the banks.   While HVCC shut down the small independent appraisal industry overnight there are indications that it will also be another nail in the coffin of the mortgage broker industry.   As Mr. Savitt has said, &#8220;HVCC has nothing to do with consumer protection, it is all about market share.&#8221;   This is the most negative legislation our industry has dealt with in the 37 years I have been making home loans.   Any consumer protection group I can identify will also be getting the message on HVCC becuase when it comes to votes this debacle may get some attention.  <br />NAMB NEEDS YOU MORE THAN EVERY.  GET IN THE GAME</p>
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		<title>By: Adam Stein</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4345</link>
		<dc:creator>Adam Stein</dc:creator>
		<pubDate>Wed, 10 Jun 2009 16:29:10 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4345</guid>
		<description>Savitt is the perfect man for the job. Green is correct-support your cause or quit bitching about what you&#039;re not doing in the first place</description>
		<content:encoded><![CDATA[<p>Savitt is the perfect man for the job. Green is correct-support your cause or quit bitching about what you&#39;re not doing in the first place</p>
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		<title>By: Paul Schouest</title>
		<link>http://lenderama.com/2009/06/04/unofficial-namb-regulatory-update-hvcc-call-action-namb-bashers/comment-page-2/#comment-4344</link>
		<dc:creator>Paul Schouest</dc:creator>
		<pubDate>Wed, 10 Jun 2009 14:36:26 +0000</pubDate>
		<guid isPermaLink="false">http://lenderama.com/?p=2702#comment-4344</guid>
		<description>Great post Marc.&lt;br&gt;&lt;br&gt;Marc Savitt has a very tough job this year.   As mortgage brokers we need to support our local associations and our National association.  As a board member of our local association I know how critical membership is.  We need a grass roots force to help turn this around.</description>
		<content:encoded><![CDATA[<p>Great post Marc.</p>
<p>Marc Savitt has a very tough job this year.   As mortgage brokers we need to support our local associations and our National association.  As a board member of our local association I know how critical membership is.  We need a grass roots force to help turn this around.</p>
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