The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (74527)	3/22/2007 1:30:26 PM
From: MulhollandDrive	Read Replies (1) of 306849

As it is now, Congress is blaming the lenders, not themselves or the voters of course. dodd is blaming the regulators.... just said they were supposed to be the 'cop on the beat' see on CNBC that only 53% of lenders are under the capability of Federal regulation. i heard that as well, but i think i have to correct you, the stats they showed were that 53% of lenders do NOT fall under the federal regs...(the new centurys and lends of the world) so dodd is blaming the regulators for not keeping an eye on lending that does not fall under current regulations<gg>

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