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re: It's Official - The Federal Reserve Raises Rate 1/4 Point (Discussion Thread)

Posted on 12/18/15 at 10:39 am to
Posted by LSURussian
Member since Feb 2005
126990 posts
Posted on 12/18/15 at 10:39 am to
quote:

There is absolutely no doubt. There are TONS of regulations on mortgage lenders buried within the Dodd-Frank Act, which have been conveniently been put into the marketplace piece by piece and rule by rule.
Oh, no, we are wrong. Wutang works for a mortgage lender and his company makes loans which the borrower has no chance of repaying.

I wonder if his bosses know he is publicly admitting his company is willfully violating Dodd-Frank and its ensuing regulations??
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11227 posts
Posted on 12/18/15 at 1:41 pm to
quote:

Dodd-Frank Act


Let me break this down for you. THIS IS THE PROBLEM. My company is law abiding. When you force people to lend money it will not end well.

quote:

I wonder if his bosses know he is publicly admitting his company is willfully violating Dodd-Frank and its ensuing regulations??



You just made that up
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