In a post from April 24, I falsely attributed to Denise Leonard, Vice President, Government Affairs, National Association of Mortgage Brokers, comments that were apparently made by a representative from the Federal Reserve.
I regret the mistake. I will send NAMB and Ms Leonard a written apology.
I also apologize to the Active Rain and other blogging communities. Those of us who have a blog, have a responsibility, to the public and to ourselves, to verify our information and sources.
I did not perform this responsibility with this post.
When Ms Leonard's actual testimony becomes available as a transcript, I will post that here and on the original post.
Thanks to Marc Savitt, President of NAMB, and to Mark Green, of Top Mind, for correcting my error.
Richard Smith

Evening Richard, Well, you must be a stand-up kind of guy. Good job of calling attention to the error and exactly how you will correct it. Well done.
It was good of you to retract your statement but I really wasn't impressed with Mr. Savitt's arrogant attitude. It would be equally as honorable for the gentleman from NAMB to apologize for speaking down to you and others.
Bill,
Appreciate your kinds words. A truely stand up guy would probably have verified the original post. It would have been a good enough post if I had correctly attributed the testimony.
Maybe something positive will come out.
Richard
Brian,
I hope to get this past. Thanks for commenting here, and for your thoughtful exchanges on the original post.
Marc Savitt though was rightfully angry.
Richard
Maybe something positive will come out.
Something positive will come of this. I intend to join CAMB as soon as I return from my trip to Phoenix. It's plain to me that CAMB and NAMB need some help engaging the Web 2.0 community. NAMB should hire a Social Media Manager (like NAR hired Todd Carpenter) to better address these issues; I intend to be the catalyst for that effort so that the members get better engaged.
Brian,
That would be a positive result. The fact remains that the comments were made, evidencing a perception problem.
Engaging in web 2.0 and an education campaign would help change the terms of the discussion.
Richard
Hi Richard. Good job correcting your mistake.