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

To: Jim McMannis who wrote (74527)	3/22/2007 11:49:06 AM
From: John Vosilla	Respond to of 306849

'As it is now, Congress is blaming the lenders, not themselves or the voters of course.' Quite said. Everyone saw 'green' from the Wall Street whores, to the realtors and mortgage brokers in the front line to the greedy flippers to the local tax collectors..

To: Jim McMannis who wrote (74527)	3/22/2007 1:30:26 PM
From: MulhollandDrive	Read Replies (1) \| Respond to 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>