Illinois mortgage lobby weighs in on nonbank rule fights as broker model returns to prominence
For 15 years, Robert Perry has served as executive director of the Illinois Mortgage Professionals Association — a position he says he didn’t expect to hold this long. During that time, he steered the group as the mortgage broker model had given up ground to banks, where loads of lending pros flocked in the aftermath of the Great Financial Crisis. The 39-year-old trade group, founded in 1987, is rebranding for the third time. Previously known as the Greater Midwest Lenders Association and the Illinois Association of Mortgage Brokers, the organization is pushing to broaden its Midwest footprint. “What we’ve done […]
For 15 years, Robert Perry has served as executive director of the Illinois Mortgage Professionals Association — a position he says he didn’t expect to hold this long. During that time, he steered the group as the mortgage broker model had given up ground to banks, where loads of lending pros flocked in the aftermath of the Great Financial Crisis. The 39-year-old trade group, founded in 1987, is rebranding for the third time. Previously known as the Greater Midwest Lenders Association and the Illinois Association of Mortgage Brokers, the organization is pushing to broaden its Midwest footprint. “What we’ve done […]
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