Mortgage Reform and Anti-Predatory Lending Act of 2007 - PART DUEX

As I continue to read and speak with other industry advocates, the consensus is that something does indeed need to be done, but that most think this House BILL won't get past the Senate, and therefore not become Law anytime soon.

Due to the many positive benefits this potential law would bring to our industry, IF I had the final tie-breaking vote, I would vote for it with no reservation - even though that position goes against what most originators, loan brokers and loan officers (our clients) seem to feel ... from all I read, they don't seem to notice this BILL as written, brings a lot of other people into line (parity) with them, in many areas.