How to Feel Bad for Wells CEO

10/18/2016
Comments
  • I cant see anything except the promo

    wells eady October 18, 2016 3:25 am Reply
    • Fixed it. Sorry!

      admin October 18, 2016 4:39 am Reply
  • Nothing playing except the ad

    Pam October 18, 2016 4:36 am Reply
    • It’s fixed.

      admin October 18, 2016 11:17 am Reply
  • Story doesn’t come up just ad.

    Lisa Pape October 18, 2016 4:43 am Reply
    • it’s fixed

      admin October 18, 2016 11:17 am Reply
  • As much as you would like to deny it, the consumer needs protection. Loan documents are not understood by most consumers and some investors adjust the purchase agreement to the detriment of the buyer. Consumer confidence if it is down, is more likely a result of the bad actions uncovered by the CFPB which shows them how much they have been taken advantage of. The banks always do self-interest best. They provided loans to those who could not afford them because they could sell them worldwide for lots of money. They can’t do that anymore so rather than do intelligent loan analysis they go for the one’s they think can pay the bill. I also think sales will fall because of the artificial rise in prices promoted by realtors and investors. Peoples’ salaries are not rising to meet the increase in housing prices so we are being led to another housing crash where certain groups will again make money on the backs of others. Every time a law is passed to protect consumers someone screams “nanny state” and that consumers should be able to protect themselves. I always wonder why people are so against consumer protection. You tell me. What is there to worry about, why is this detrimental to banks, investors etc. No one should be able to take advantage of anyone. The buyer beware mantra is more important than ever in this marketplace and laws need to be in place to punish those who intentionally use trickery and illegal actions to take advantage.

    Audrey October 18, 2016 8:26 am Reply

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