To simplify complex mortgage and related financial topics to whom it really matters.
February 17 2010:
The Shocking Reality of the Federal Reserve's Regulation Z Proposal
Lawmakers in Washington and regulators at the Federal Reserve have been hard at work on R1366, the Federal Reserve's Proposal of potential changes to Regulation Z - which could forever alter the compensation model of mortgage professionals.
You might ask yourself why do I care? We all know competition brings prices down. if there are less competition there will be higher prices. if regulation will further inhibit mortgage professionals how they can earn their income there will be less competition and higher cost to any home owner that wants to get a mortgage.
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