Posted by Ilene C. Seidel on 11/30/07 7:53am Msg #223719
NNA has initiated a rating system
I'm posting this unsure if it will be deleted, I don't consider NNA a competitor to NR because it hasn't attempted to protect the closing agent. However NNA has recently initiated a rating system and has many more companies on the site. I think it would be to our benefit to go to the site and update the payment history for all the companies we deal with good and bad.
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Reply by BrendaTx on 11/30/07 8:16am Msg #223722
Re: NNA has initiated a rating system - Hard to believe
they might actually insinuate that business is not all good these days.
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Reply by Dennis Larson on 11/30/07 9:06am Msg #223726
Hmmm, follow the money
Since nearly everything that xyz touches seems to revolve around their profit motive, I would hardly be surprised if their ratings system didn’t follow those of the major rating services (Moody’s, S&P, and Fitch) who rate all SIV’s including mortgage lenders. Simply put, it’s a payola system.
Do you really think you could trust xyz’s ratings?
http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1178
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Reply by Vince/KS on 11/30/07 9:25am Msg #223731
Are the ratings available to the members? Are
the members able to rate all major companies in US that they do business with?
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Reply by Glenn Strickler on 11/30/07 3:48pm Msg #223822
Based on the NNA's previous actions, I am suspicious of anything that they do ......
JMHO
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Reply by cathie/FL on 12/1/07 12:47pm Msg #223886
How can I get to this rating page?
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