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Tag Archives: National Association of Independent Housing Professionals

CFPB Counters Trade Group’s Call for Date to Resign

In an exclusive interview with MReport Tuesday, Marc Savitt, president of the National Association of Independent Housing Professionals, divulged his intentions to call for the resignation of Raj Date from his post as deputy director of the Consumer Financial Protection Bureau. Following the interview, NAIHP released an official announcement calling for just that. We obtained comments from the consumer bureau countering criticism Date received for a speech Monday in which he faulted mortgage brokers for the housing crisis.

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Exclusive: Trade Group to Call for CFPB Official to Resign After Broker Comments

Sparking indignation in the mortgage broker community, Raj Date, deputy director of the Consumer Financial Protection Bureau, laid the bulk of the blame for the housing crisis on brokers during a speaking engagement Monday. His statements have led at least one industry trade group to call for his resignation. Marc Savitt, president of the National Association of Independent Housing Professionals, called Date's comments "outrageous." He said the group will call for the official's resignation this week.

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