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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (74518)3/22/2007 11:28:39 AM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
I see on CNBC that only 53% of lenders are under the capability of Federal regulation. Some of the rest include private lenders, brokerage houses etc..
This agrees with what you said. I'm sure the long arm of Hillary would like to pull all of them under govie regulation.
As is always the case, the transgressions of the few end up effecting the many.

As it is now, Congress is blaming the lenders, not themselves or the voters of course.



To: Travis_Bickle who wrote (74518)3/22/2007 11:30:46 AM
From: Jim McMannisRespond to of 306849
 
RE:"And they aren't the ones doing the risky stuff, obviously if it's your own money you're lending it has to be rock solid."

A big drop in value of a home can make any loan "iffy". no?
Then to have more govie regulation. Zero end game.


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