REGULATION BY BUREAUCRATS IS ALWAYS A DISASTER FOR REAL ESTATE EVERGREEN COLORADO
The State of Colorado and HUD have tried to regulate the small mortgage companies ever since the housing bubble burst. Every effort has been a miserable failure. One of the main reasons is that bureaucrats, who are appointed by the politicians in power, haven’t got a clue about what the mortgage business is all about. The state has succeeded in eliminating almost 2/3 of the state licensed mortgage brokers through exorbitant fees and useless insurances underwritten by their campaign contributors.
In an unabashed campaign contribution payoff scheme, the state legislature has exonerated the banking industry from any of the new rules and insurances. As every casual observer knows the mortgage melt down was cause by the large banks who created these toxic mortgage backed securities, AIG insured them, and they poisoned the global investment markets with poorly underwritten FANNIE and FREDDIE mortgages. The local mortgage company had nothing – nothing to do with the mortgage crisis. It was JP Morgan, Countrywide, Wells Fargo, Bank of America, Washington Mutual, Indy Bank and the like who destroyed our housing industry. These are the very people that the state has exempted from any of the new rules and regulations. The state’s only accomplishment is to eliminate the local competition by rule and regulating them out of business while the guilty large banks are raising their fees and ripping off the public.
It’s time to start to unravel all these government “feel good” laws and roll the government monolith back to a manageable and affordable size.
Although the market has bottomed and homes in Denver are starting to rise, it’s still not too late to buy. There is one place where you can invest and weather the coming storm – and that is EVERGREEN COLORADO REAL ESTATE. A house is a hard investment and like gold will hold its value against any currency. . Investing in Real Estate is the only safe investment vehicle that will allow you the financial freedom you deserve. Invest today in your financial freedom; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES (www.aloan2own.com ) and let’s put a plan in motion for your financial future. We are the one stop shop for all your Real Estate needs in the Rocky Mountains. Whether a home of Your own, a retirement investment, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.