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To: FlingWingFlyer

“Isn’t this the crap that got us in this mess in the first place?”

NO.
I do this for a living. Most of my day is spent asking my customers for what seems like useless information to over document a loan file.
Anyone who has gotten a mortgage recently will have found the process to be unpleasant in many cases.

The changes from what I have read actually make sense. Hard for me to admit that something done under this administration would actually make sense; so will have to see.


14 posted on 05/14/2014 6:29:37 AM PDT by HereInTheHeartland (Obama lied; our healthcare died.)
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To: HereInTheHeartland
I do this for a living. Most of my day is spent asking my customers for what seems like useless information to over document a loan file.

I have a few friends in the same business and their stories are the same as yours.
15 posted on 05/14/2014 6:33:02 AM PDT by mmichaels1970
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To: HereInTheHeartland
Agree with your assessment. Recently renewed a HELOC and they practically required a colonoscopy exam. Sheesh. My credit score is above 800 and I found the whole process exceedingly unpleasant. Had I known, I probably would not have gone through the process. It sucks.
21 posted on 05/14/2014 6:37:45 AM PDT by Obadiah (Always remember that you're unique. Just like everyone else.)
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To: HereInTheHeartland
If Samuel Clemens were alive today, he'd say there are 3 kinds of lies:

Lies, damn lies, and HAMP modifications.

24 posted on 05/14/2014 6:43:41 AM PDT by Night Hides Not (For every Ted Cruz we send to DC, I can endure 2-3 "unviable" candidates that beat incumbents.)
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