I’ve been following the governement interaction…or as I think sometimes
lack of reaction…to the meltdown. I came across a couple new articles that
touch on “legislation in prgogress.” I pasted them below…would love to get
your thoughts.
TheNewYorkTimes: New Moves in Washington to Ease Mortgage Crisis
LATimes: Clinton talks trade and mortgages in Iowa
CapeMayCountyHerald: “Mortgage Forgiveness” Bill Passes House
MortgageNewsDaily: MBA Proposals For Mortgage Fraud Legislation
ColumbusDispatch: State asks lenders to agree to mortgage workouts
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One Response
Kenny
October 12th, 2007 at 5:55 am
1I don’t even have to read the differnet government plans…ESPECIALLY if from anyone in the Federal Government (Hillary?). The Federal Government (and meaning federal “representatives”) screw things up (it’s not just about sound bites for the upcoming election you guys). Leave it to the States and the “industry” to handle things. Leave it to the Feds and they’ll be attacking the basis of free enterprise and small business…as well as States rights. They have always had “federal guidelines” in place you know. What would cause me to have this “knee jerk” response? I guess it’s all because of the “I’m just an ordinary American” looking at all of these politicians being overpaid for under-performance and they don’t pull their own weight for what they provide for the good of the American public. Our Federal representatives don’t know squat about “on the street”, American-apple-pie regular folks and care less about their lives. One American opinion. And yes I’m in the mortgage industry.
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