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re: Did anyone notice that Dodd Frank is about to be repealed?
Posted on 6/2/17 at 9:30 pm to DavidTheGnome
Posted on 6/2/17 at 9:30 pm to DavidTheGnome
As someone who worked for Bear Stearns packaging the mortgage securities, it couldn't come sooner. Very little of it addresses the issues which caused the implosion. Simply increased the "red tape" to lend and educate/disclose info to consumers. Everyone is still writing risky loans that are bound to default, they're just being more transparent now.
This post was edited on 6/2/17 at 9:32 pm
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