MBA President and CEO Bob Broeksmit is calling for an end to trigger leads in the mortgage industry, citing numerous testimonials that highlight the negative impact of these practices. Broeksmit is urging lawmakers and industry stakeholders to take action to protect consumers and ensure fair lending practices.
Key points from Broeksmit’s remarks on trigger leads include:
– Trigger leads can lead to financial harm for consumers
– Testimonials demonstrate the negative effects of trigger leads on individuals
– Broeksmit is advocating for regulatory changes to address this issue
– Industry stakeholders are being called upon to support efforts to eliminate trigger leads
It is clear that Broeksmit is passionate about protecting consumers and advocating for fair lending practices in the mortgage industry. His call to action resonates with many industry professionals and policymakers who are concerned about the negative impact of trigger leads.
You can read this full article at: https://www.housingwire.com/articles/mba-broeksmit-end-harassment-deception-and-distrust-from-trigger-leads/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
