Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Flavius
Sen. Hillary Rodham Clinton said Saturday she favors stricter home loan standards, clearer mortgage documents and better counseling for borrowers to stave off delinquencies and foreclosures.

And every banker will be required to read to the borrower Polonius's advise to Laertes in Hamlet:

Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.

The Democratic presidential candidate proposed more leniency for borrowers in a financial crisis, allowing them a grace period from mortgage payments. She also called for more selectivity when screening people for loans to ensure they are qualified.

And what happens if the increased screening in lending produces racially disparate results? Jesse Jackson, Al Sharpton and Hillary will jump on the banks in an instant.

9 posted on 03/31/2007 9:07:31 PM PDT by KarlInOhio (Parker v. DC: the best court decision of the year.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: KarlInOhio

see they dont have to actually fix anything they just have to show their care

so i will care along with them

i care for the peeps in debt


10 posted on 03/31/2007 9:12:08 PM PDT by Flavius ("Qui desiderat pacem, praeparet bellum")
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson