- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
Eliminating one source of external pressure didn't eliminate the others. But no matter how you math, less is still less. That makes the "it didn't end outside meddling" argument an obvious strawman - it was only aimed at one source of the meddling. Not all of them....isn't it great they cut the mortgage brokers out of the loop
Don't forget; the feds did the same thing on the commercial side 15 years earlier, and for exactly the same reason. So nobody was picking on the residential MBs when it came around the the SFR side of the business. Congress was just acting consistently by ending the double standard.