What Happened And Why It Will Happen Again
 

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Nice synopsis.

Nice first post. Welcome to the posting community, P. Sahib.

BTW, no link provided for the later part. Is it your own work?

I find the whole post, as presented, here: http://politicalhotwire.com/economic...pen-again.html

And the last paragraph, here... http://www.city-data.com/forum/polit...ty-isnt-3.html

+1. Welcome. :)

Scrap Dodd Frank and simply adopt Glass Steagal. And for Heavens sake re-write the mortgage laws, get rid of mortgage brokeers and Title companie. Negotiate mortgages direct with banks and once granted the bank must hold the mortgage for its lifetime. So we don't need Freddie or Fannie

Are you all aware that the average Title insurance policy costing $400 pays the Title company $320 as its fee.

Copy past without links is a no no. I'll opine later since you left the truth out regarding Regulations that were imposed by the government. That's what created the bubble and risky loans.

Damn! And here I thought you kept doing that because you were too thick to understand the rule.

John

Welcome Pukka.

Welcome Pukka!