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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: geode00 who wrote (147089)11/13/2008 2:45:37 PM
From: TimF1 Recommendation  Read Replies (1) of 173976
 
Are you trying to say that there are no regulations against making fradulent mortgages?

As I already pointed out fraud is illegal.

Fraud and giving loans to people with poor credit ratings are two different issues.

The law and regulations punish the former, while pushing the later.
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