The note industry coalition Save Seller Financing (www.SaveSellerFinancing.org) is making great progress in educating government regulators to gain an exemption from the SAFE Act, Dodd-Frank Act, Loan Originator Compensation Rule and the Ability to Re-Pay Rule. I hope to have an update soon, so watch for it here.
They can’t do it alone. This requires the participation of a majority of those who care about the future of this industry. THE PAPER SOURCE has given it financial support. The coalition needs your support as well. Help us by going to www.savesellerfinancing.org (or call 253-445-3599) and do 2 things:
1) Sign the petition and 2) donate.