H.A. "Tony" Davis, president of the National Association of Mortgage Brokers, in an interview with The Mortgage Marketplace, criticized the new regulations issued under the Real Estate Settlement Procedures Act. Davis also is president of Preferred Mortgage Associates in Downers Grove, Ill.

MMP: What is the concern of mortgage brokers about the requirement that fees paid to them be separately disclosed?

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.