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.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
|