Fuck Barney Frank. That bullshit clusterfuck of legislation cost me my mortgage career. Not that I’d want to continue selling mortgages anyway after said clusterfuck of legislation regulated the common-sense out of a deal. How does ten times the work for about a quarter of the profit (but APPEARING on a Good Faith Estimate as too much profit) sound? All the while risking criminal charges from an overzealous, newly created agency who will throw your ass in prison for disclosing to a client in four days instead of three or ordering an appraisal in six days instead of seven (god forbid if you ever dare to SPEAK to or EMAIL the appraiser to question value when the random idiot assigned by the appraisal management company cant do his job). Fucking BRILLIANT…
How that ignorant fairy got into a position to fuck things up financially for the whole spectrum - from banks to the individual trying to buy a house - is beyond me.
Fuck Barney Frank.