Tuesday, July 26, 2011

Bethany McLean of Slate's right on

I believe that government regulations like those that the controversial new Consumer Financial Protection Bureau may hand down are a poor substitute for bankers choosing on their own to behave ethically and responsibly, and for consumers digging into the details on products that sound too good to be true. But let's get serious. Bankers aren't going to change their behavior, and consumers aren't

Bethany McLean of Slate's right on

I believe that government regulations like those that the controversial new Consumer Financial Protection Bureau may hand down are a poor substitute for bankers choosing on their own to behave ethically and responsibly, and for consumers digging into the details on products that sound too good to be true. But let's get serious. Bankers aren't going to change their behavior, and consumers aren't

required use and affiliated title agencies

There is a title insurance agency in Pennsylvania called Bankers Settlement.  It's owned by several community banks.  We do closings and title insurance on occasion for some of these community banks. Though they may not send us direct referrals, if a consumer wants to use The Closing Specialists, that's always been okay. Since our advertising is consumer focused and we have a terrific deal in our

required use and affiliated title agencies

There is a title insurance agency in Pennsylvania called Bankers Settlement.  It's owned by several community banks.  We do closings and title insurance on occasion for some of these community banks. Though they may not send us direct referrals, if a consumer wants to use The Closing Specialists, that's always been okay. Since our advertising is consumer focused and we have a terrific deal in our

It's fascinating to me that ALTA is now lobbying for title insurance as an inclusion

in the final definition of Qualified Mortgage as juxtaposed with their successful lobby against inclusion of insurance as a regulated business under Dodd Frank.

So, isn't that kind of like HELP US SELL MORE TITLE INSURANCE BUT DON'T LOOK AT US WHILE WE DO IT?

Anyway, here's a blurb from HW.


"Prudent underwriting of a borrower’s ability to repay would require that a creditor evaluate the title

It's fascinating to me that ALTA is now lobbying for title insurance as an inclusion

in the final definition of Qualified Mortgage as juxtaposed with their successful lobby against inclusion of insurance as a regulated business under Dodd Frank.

So, isn't that kind of like HELP US SELL MORE TITLE INSURANCE BUT DON'T LOOK AT US WHILE WE DO IT?

Anyway, here's a blurb from HW.


"Prudent underwriting of a borrower’s ability to repay would require that a creditor evaluate the title