It is the age old story of pushing off problems on Labor’s shoulders. Spectrum Solutions just sent out the below email stating that because Silicon Valley Bank collapsed, they couldn’t pay, but don’t worry, they would get that money out just as soon as the FDIC cleared it. Look, it demonstrates two things about National Association of Mortgage Field Services (NAMFS) members: 1) They will place all of their losses on your shoulders; and 2) You will never share in any of the profits. Additionally, Spectrum has refused to increase the pay on Fannie Mae inspections which was increased last week!
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