From: William K (((email redacted)))
Date: March 5, 2013, 10:56:36 AM PST
To: William K (((email redacted)))
Subject: Loan officer exam fraud...
Loan officer exam fraud...
Attention All Loan officers taking the NMLS exam or who took the exam.
This exam is rigged for you to fail...Here's how they do it...
You will be asked to answer 100 questions on the computer. Without showing you all the answers you got correct they immediately give you your score and whether you passed or failed.
Only one problem. They only give you credit for 90 answers you gave not 100. This means they throw out 10 of your answers without ever telling you which questions they threw out or whether you got those questions right or not.
So what does this mean ? What it means is this. You were cheated and scammed out of all the money you paid in fees and testing costs. Why is that? Because you were not given a fair test to take. You were given an unfair rigged test to take....one that NMLS purposely designed for you to fail.
You see if you got 67 questions right your score would only be 74.44% (67 divided by 90) which is a failing grade. If you answered all the ten questions they threw out correctly (which they will never tell you if you did or not) your score would have been 77% which is a passing grade..or 8 answered correctly which is a 75% score which is also a passing grade. Any you slice it my friends the Loan officer test they now give you is a fraud and a scam.
Once you failed the test you would have to take it over again which would cost you more money but would be fruitless because it would still be the same unfair rigged test.
This rigging of the test by the NMLS people is the same as telling one of your prospective borrowers they were going to get a certain rate on their loan only to discover at the closing unbeknownst to you that the bank had jacked the rate up much higher than you had promised them. Was that a subprime scam or not. Telling people one thing and then having a crooked bank deliver something entirely different. I call it crooked and dishonest..
Well this is what they do to you . They tell you your test will be fair but they then deliver the exact opposite. There is nothing fair about a test that is rigged to make you fail so they can make more money off you.
What this is my friends is merely an extension of all the mortgage fraud that went on during the subprime mortgage crises scandal. Immoral and unethical bankers ripping people off every single day of the year for their own greed and profit. Now you know what kind of feeling that is. In the mortgage fraud scandal you lost your home. In the NMLS fraud scandal you lose your job..
I am in the process of instituting a class action lawsuit on behalf of all the loan officers in America who were cheated and scammed by the NMLS and its gang of crooked alphabet soup conspirators that may have caused them to lose their job or prevented them from getting a job as a loan officer. Call or email me to get on board.
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