Well, it’s been awhile. As of Today, I only have Four more days to Respond to Proposals by Politicians who Think that they have the Solutions to the Current Mortgage Crisis. While I applaud the Effort by those in Political positions……………Most including Representative Barney Brank and Senator Christopher Dodd have NO CLUE what the Talking Heads are feeding them relative to critical information regarding the Current Mortgage Crisis.
Within the next few days, I will detail an Account of what has transpired Over the Last Decade or so……..Beginning with Changes to RESPA by HUD with Congresstional and Senate Approval WHICH IN FACT is a MAJOR FACTOR THAT CREATED THE MESS THAT WE ARE CURRENTLY EXPERIENCING WITH THE FINANCIAL AND HOME BUILDING INDUSTRY, as well as, the FORECLOSER EXPLOSION WE ARE CURRENTLY EXPERIENCING.
First, let me tell you that I come to you with More than 30 years of Banking, Mortgage Banking, and now more than 8 years of Mortgage Brokerage Experience. The Bottum Line is that I have Sufficient Experience to at least Write with Some Credibility within that Regard. Also Note that while I admit that I am of the Conservative Side of the Poilital Fence, BOTH Parties Share Responsibility in the Debacle that We Now Face. Lastly, while I have Extensive Background in this Field, I do Not Pretend to have All the Answers or Solutions to these Problems ……..Although I will Give You My TWO Cents Worth if You care to Read All that I have to Say.
Make sure to come back over the next few days to get a Major load of Facts that will help Identify the Real Purportrators of THIS MESS !
In the meantime, besides working, I will be Formally Responding to the Fed and Banking Regulators who are running a Dog and Pony Show in DC, and in the process Proposing Regulations to Help the Banking System Fall of the Cliff.
Best Regards
I take it you believe affiliated business laid the groundwork for the credit crisis?
Good Post