Beware, mortgage scammers on the rise again

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  • Anti Government Alpine, UT
    Aug. 25, 2014 10:58 a.m.

    Wait a minute! I thought the obama administration and democrats passed "Frank-Dodd Financial Reform" legislation protecting us from too big to fail and these mortgage scammers?

    What a shock. What it really amounted to was big taxation on these companies (which of course was passed on to consumers in the form of higher fees/expenses) and the companies get to continue to do what they have always done.

    By the way those companies that were supposedly supposed to be prevented from getting too big to fail are bigger now than they ever were!!

    No worries though, the government got their extortion in taxes (that consumers ultimately pay for) and it is business as usual.

    People really have to be daft to believe government is going to be effective doing much beyond a few basic things. Government continues to prove itself a massive failure/money-waster at many things and yet foolhardy people continue to vote for govt to solve their problems.

    Nothing can substitute for a little consumer self-education, skepticism, buyer-beware, and of course "if it sounds too good to be true then it usually is"!!!

    Come on people. Wise up!