1 posted on
10/20/2006 5:38:44 PM PDT by
Flavius
To: Flavius
I haven't read the full article but I would be hesitant to take financial advice from cnn.
2 posted on
10/20/2006 5:42:26 PM PDT by
kinoxi
To: Flavius
3 posted on
10/20/2006 5:43:11 PM PDT by
allen08gop
("Woman is the most powerful magnet in the universe... and all men are cheap metal!")
To: Flavius
A kickback is a kickback... no matter what you call it... and doing business this way is unethical.
4 posted on
10/20/2006 5:45:04 PM PDT by
antceecee
(Western countries really aren't up to winning this war on terror... it might offend the terrorists.)
To: Flavius
The Bush administration actually tried to do something about this madness a few years ago with a new RESPA regulation that would have allowed lenders to bundle services and charge a single guaranteed fee. (Believe it or not, current rules actually prohibit this!) It was killed by intense lobbying by the National Association of Realtors and National Association of Mortgage Brokers, aided unfortunately by Republicans like Wayne Allard. NAR is basically a criminal enterprise.
8 posted on
10/20/2006 9:53:20 PM PDT by
Dems_R_Losers
(VOTE as if your life depends on it -- because it does!!!)
To: Flavius
I love all the "$50 Processing Fees" and "$65 Document Preparation Fees" that always wind up on closing statements.
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