THE NAIL ON THE HEAD!!!!!!!!!Leon Stewart said:It seems as if everything in the Mortgage Process is designed to use one or two situations or Individuals as examples to correct something that's wrong with the System, rather than changing the procedures or rules to prevent anyone or any company from taking advantage of the loopholes. They should start by removing the Appraisal Process and control from the Lenders which would eliminate most of the fraud dealing with mortgages.
The government is only a token enforcer of ANYTHING!! it's not just this crummy business.
BB in Texas