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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/the-mortgage-industry-has-an-overwhelming-sense-30761345.aspx

Subject:  Re: We have accepted an offer on our home Date:  7/3/2013  4:21 PM
Author:  CCinOC Number:  125721 of 127679

The mortgage industry has an overwhelming sense of internal systemic instability & uncertainty. There are so many vague and ambiguous regulations (real, imagined, pending, or threatened) that require discretionary interpretation, and the complexity is beyond byzantine.

Here's what's behind it all. B-U-Y-B-A-C-K-S

http://www.bloomberg.com/news/2010-11-30/banks-in-u-s-resist...
http://www.housingwire.com/news/2012/07/03/growing-threat-le...
http://www.nationalmortgagenews.com/origination/Lenders-Skit...
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