ST Alpha - "Once again we have to regulate common sense." (Reading a Post)

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Once again we have to regulate common sense.

Posted by Fuzzy (aka mrfuzzy) May 21 '10, 07:52

If you can't afford the mortgage payment, you shouldn't get the loan.

Responses:

[deleted] 3
- Maybe we're talking about different bills. The one I read about was aimed at regulating the rules around mortgages and the derivatives market. - Fuzzy May 21, 08:01 2
  - more that it regulates the people who took advantage of the fact that people were will to take on mortgages they couldn't afford... -- nm - znufrii May 21, 08:08
  - [deleted]

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