Taking this lending decision lenders out hands and placing it into a law will create a back door to bankruptcy and a big payday for trial lawyers. Look at health care, I’d say in case we create a fertile ground for litigious minded people this will escalate costs and limit resources. Any Lawmaker has been frightened to death to be challenged by their opponent for not supporting mortgage reform. For instance, we search for ourselves in an election year. Definitely, vast news outlets will completely cover the sound bite, not substance and regrettably it’s the… Read Article →
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