ah - what a breath of fresh air.......

Finally, let me make one more comment about the path forward before I take questions. Yesterday there was a hearing on the Hill where we heard numerous legislators assail proposed reforms to the Real Estate Settlement Procedures Act (RESPA). The unnecessary complexity of mortgages has significantly contributed to our housing crisis. We must do something to make mortgages more understandable and

ah - what a breath of fresh air.......

Finally, let me make one more comment about the path forward before I take questions. Yesterday there was a hearing on the Hill where we heard numerous legislators assail proposed reforms to the Real Estate Settlement Procedures Act (RESPA). The unnecessary complexity of mortgages has significantly contributed to our housing crisis. We must do something to make mortgages more understandable and

HUD - no show....or maybe brave when it comes to bullies

I love that our system of government ismade of checks and balances.  It's such a great protection against bullies.HUD is trying very hard to pass rules which protect the consumer in a real estate transaction.  They are pushing against the machine, the real estate and mortgage and title insurance establishments.  The political pressure is tough because these guys give lots and lots of money to

HUD - no show....or maybe brave when it comes to bullies

I love that our system of government ismade of checks and balances.  It's such a great protection against bullies.HUD is trying very hard to pass rules which protect the consumer in a real estate transaction.  They are pushing against the machine, the real estate and mortgage and title insurance establishments.  The political pressure is tough because these guys give lots and lots of money to