I still disagree, and that is a luxury of america.
I still feel they KNOWINGLY took a risk, they could refi, they would get a raise, they would have a job ....
AGAIN THEY took the risk, and I totally disagree with OBs addition "and then through no fault of their own" ...

So this returns us to one of my original ideas.
Don't pay Mtg Brokers the fat upfront fee's, in fact take that away from Real Estate agents and the Wall Street jerks (a bit strong but It is my opinion) that packaged these things up.
They get something up front and something each year as the mtg is paid off.
You don't need regulation if the people have their own interests to protect.

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KLK, MCSE

1990 500SL

I was always taught to respect my elders.
I don't have to respect too many people anymore.