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msanchez007 (November 17, 2007 at 2:55 am)
Even if a state has a ceiling on the amount of closing costs a loan can have, Banks can go higher than that and they usually do.We do not need more regulation. We have enough. We have become so acustomed to be regulated that we need a permit for everything, signed in triplicates, and notorized. WTF!?
msanchez007 (November 17, 2007 at 2:52 am)
Did he just say that originators from Banks haven't been the problem? What an ignorant statement. Does he have real people gathering his facts or does he use Banks for this?Every State has regulations, and it's really tough to comply with them, and I mean really tough. Guess who is not regulated by state regulations? Bank and thier employees, yes even though in NJ the state has a "no prepayment" law, Banks can put prepayments anyway, because they are Banks.
msanchez007 (November 17, 2007 at 2:46 am)
Yes thanks for Barney for fucking it up even more.Thanks for Barney for still trying to pass this absurd bill.The lenders have already almost eliminated sub-prime, 100+ subprime lenders have closed. So if the market has corrected itself and is still correcting itself, why do we need this law?
liveleaker (November 15, 2007 at 4:14 pm)
I wuv Bwarney Fwank!
liveleaker (November 15, 2007 at 4:13 pm)
Stop being such a noob. There's plenty of blame to go around on this, but to lay it entirely on the GOP's doorstep is just plain old ignorant.
awreslr2 (November 15, 2007 at 3:50 pm)
Thanks to the Democrats and to Barney Frank for acting on this! Of course, the Republicans just let this happen over the past few years! |
