I just got the (BAD) news.....

[John Hoffman]

We had a conference call today.....92% of my listings gone by December.....OUCH!

[Jesus (Jesse) Gonzalez]

Well, this isn't news, they have been dumping their AMP's now for about a year. We all should have seen this coming.

[Antionette]

It would be nice if the banks are still going to use any of them that they would publicly anounce who they will be,  so that realtors don't get ripped off on membership fee's that are not going to help them.  When I get emails from these AMP people to upgrade my membership, I tell them to provide me with a letter of continuence with the banks in order for me to work with them and give them my money.  They never respond to that..LOL

[Antionette]

What about the big AMP vendors like Res.net,PAS,Partnerfirst,REO Ind Direct,Single Source,Nation Valuation,IAS,Lamco and many others? Anyone know?  I recently got burned with JVI Solutions they haven't paid me on a couple of BPO's for over 6 months now.  They never said they were in an acquisition with another company when they assigned them to me. Otherwise I would have never accepted them... Not only am I out the BPO fee's but also the referrel fee's I paid through FNC on their portal on each BPO.

[Tony Y]

I have actually heard the same news from a REO conference call I attended last week. Of course all changes is with their bottom line, it is due to saving money, cut out the middle-man (AMPs)... Well John, enjoy the good time while it last..

[CECILIA D FOX]

What is the reason?

[John Hoffman]

They are moving all listings in house and getting rid of all of the outsourcers (24asset, VRM, NDS,Chrisley etc)

[Crystal M. Bush]

Fannie Mae?

[John Hoffman]

Fannie