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Mortgage Broker News | 04 Dec 2013, 12:00 AM Agree 0
Teranet -- the people behind the REDX database -- will stop the controversial practice of recording brokers who drop the AMP designation, according to one network head, himself a victim of the policy.
  • Paolo Di Petta | dipettamortgage.com | 03 Dec 2013, 09:07 AM Agree 0
    About time, but why is it still going to take until Q1 2014 to be removed? It's not that technically sophisticated, I'm sure their IT guys could write some code to strip out any mention of the AMP designation from the database.
  • Shawn Allen | Matrix Mortgage Global | 03 Dec 2013, 09:22 AM Agree 0
    Its about time...I think I'm going to ask Teranet for my legal fees back...
  • A Broker | 03 Dec 2013, 02:40 PM Agree 0
    Has anyone not yet figured out CAAMP put them up to this in the first place. Either get rid of CAAMP once and for all or restructure it completely. I would think there is a good reason for dropping a designation of no worth that is basically bought.
  • John Dearin | 06 Dec 2013, 11:57 AM Agree 0
    Way to go David, er Ron. Damn impressive stand you made.
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