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Darth, Not withstanding your command of the English language and spelling...as a lender, what specific components of 1728 do you object to? Just so you know, I am also a lender and do object to some of the critical components that could further devastate the housing market..ie..YSP treatment and definition or Originator, as well as the cost of the industry to comply with the individual licensing component. As is, 1728 would further contract the consumer availability of mortgage financing and increase the cost of what is left for the consumer. I couldn't tell from your comment where you stand, other than you saw or see a benefit in 2/3 year ARM products. Be sure to write you representative with your specific objections so they are more educated as they vote on this next week. Caveat- no claim of superior command of the English language on my part...I just find personal attacks have no place in healthy debate.
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