Dama Godiva

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New Rules Set for Home Lenders

This is a typical example of the Government creating a mess and then having to rush and save themselves from the crisis they have created. If only the Government would get out of the mortgage business and stop providing guarantees and bailing banks when they fail we wouldn’t have these problems. One of the many consequences is more expensive mortgages.

Este es un ejemplo típico del Gobierno que crea un lío y luego tiene que correr y salvarse de la crisis que ellos han hecho. Si sólo el Gobierno se sale del negocio hipotecario y deja de prestar garantías y rescatar los bancos cuando no funcionan no tendríamos problemas. Una de las muchas consecuencias es que las hipotecas serán más caras.

Read more: http://www.cbsnews.com/8301-500395_162-57563203/new-rules-aim-to-shield-consumers-mortgage-lenders/

http://online.wsj.com/article/SB10001424127887324442304578232083386220100.html

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This entry was posted on January 10, 2013 by in Uncategorized and tagged , , , .

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