 New mortgage lending regulations |
| New mortgage lending regulations |
 Dec 18 2007, 09:36 AM
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#1
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9  |
The Fed is going to be proposing some new regulations on mortgage lenders sometime today. I think this is a positive step forward, though I'd also like to see some initiatives for better consumer education (free workshops available for first time home buyers, that sort of thing).
http://money.cnn.com/2007/12/17/real_estat...dex.htm?cnn=yes -------------------- |
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Dec 20 2007, 12:47 AM
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#2
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
I knew someone would point that out.
My point was the irony that the lenders themselves are now in trouble and borrowing money from the govt. |
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Spectatrix New mortgage lending regulations Dec 18 2007, 09:36 AM
Hartmann QUOTE Restrict use of "liar" loans. The ... Dec 18 2007, 09:42 AM Spectatrix This, on the other hand, I don't like: Fed to ... Dec 19 2007, 12:52 PM impala454 And all because they handed out loans to people th... Dec 19 2007, 01:24 PM
GOB QUOTE (impala454 @ Dec 19 2007, 01:24 PM)... Dec 19 2007, 06:39 PM Spectatrix It is ironic. It also makes me mad. We agreed to... Dec 20 2007, 09:02 AM impala454 The problem is, if the govt doesn't bail them ... Dec 20 2007, 09:59 AM Spectatrix Cool, lower prices for me when I buy a house a yea... Dec 20 2007, 10:54 AM Hartmann QUOTE (Spectatrix @ Dec 20 2007, 10:54 AM... Dec 20 2007, 10:59 AM impala454 QUOTE (Spectatrix @ Dec 20 2007, 10:54 AM... Dec 20 2007, 11:02 AM Spectatrix I have good credit and if my boyfriend and I buy a... Dec 20 2007, 11:03 AM Hartmann QUOTE (Spectatrix @ Dec 20 2007, 11:03 AM... Dec 20 2007, 11:04 AM Spectatrix A liability? My boyfriend and I both make good mo... Dec 20 2007, 11:28 AM Hartmann QUOTE (Spectatrix @ Dec 20 2007, 11:28 AM... Dec 20 2007, 11:41 AM Spectatrix Haha, no, we're both full-time engineers. Tho... Dec 20 2007, 11:45 AM Dogmeat I think it ought to be illegal to give people a lo... Dec 20 2007, 11:54 AM Hartmann QUOTE (Dogmeat @ Dec 20 2007, 11:54 AM) I... Dec 20 2007, 12:02 PM |
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