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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (57216)3/31/2006 3:24:05 PM
From: patron_anejo_por_favor  Respond to of 110194
 
>>"We do not believe it is appropriate or possible for the lender to dictate the best mortgage products for individual consumers," the ACB letter said<<

This comment is of course completely insane. Why have banks at all then? Just set up a web site direct to the Fed, and let consumers take whatever the fcuk they want, underwriting be damned!<NFG>

Financial institutions have far too much power in this country, and it needs to stop.