“There are conversations to get rid of it, but I don’t think that’s happening anymore,” White said. “Our concern was if you got rid of it, you go back to Dodd Frank, we don’t want to do that. They didn’t mean to include the broker, and that was a correction that needed to be done. That was a mistake that can be corrected that’s never been corrected. I really want to see what their ideas are, and then we can go in.”
Kristi Hardy of Atlantic Coast Mortgage says uncertainty around federal job security could cause buyers to pause, but DC’s housing shortage and resilience remain steady. Her message: stay calm, guide clients, and remind them this too shall pass.https://t.co/ZP5HnL874f
— Mortgage Professional America Magazine (@MPAMagazineUS) October 2, 2025
White is hoping this is another issue where the industry can get together, just like they did on the newly passed trigger lead ban bill.
“I want to make sure that we’re getting other industry, trade groups, and organizations involved,” he said. “So we come with a collaborative effort. One thing I’ll say is that the trigger leads did very well. We all came together collaboratively and got a bill passed. And I think if LO comp is going to be done, this is what we have to do.”
Giving back
More than 2,000 mortgage professionals will descend on Las Vegas starting October 17 for the four-day NAMB National event. White is excited to see the industry come together to network and improve.
“I’m excited about NAMB national,” he said. “It’s the largest mortgage trade show that we have. We have over 125 vendors and have registered over 2000 people. We have breakouts, education, and keynote speakers. We believe in giving back, making sure that our vendors and our industry partners have people in front of them. We also want to give something back to the loan originator.”
