HUD to Drop False Claims Act Used Against Lenders. Will this mean that we’ll see more lenders come to the table with FHA loans increasing competition which will ultimately reduce the cost to consumers?
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This problem could be solved quite easily. LENDERS: STOP COMMITTING FRAUD AS YOUR STANDARD BUSINESS PRACTICE! Aww hell what and I thinking. Let’s go ahead and abolish the police department because it’s making crime too expensive. It’s stopping us from stealing more. Freaking crybaby in your face thieves. Did we learn nothing from the S&L collapse, the 2008 collapse? Well BOHICA baby!! Memo to criminals: The window is open, come and steal all you want, because the head cop is, well, not even a cop he’s a surgeon.
If you look at how much actually went directly to the consumer you could say it was the pot calling the kettle black. Robin Hood was a myth and so was this.