Comments on: Wells Fargo Stops Doing Limited-Doc GSE Loans http://mrmortgage.ml-implode.com/2008/11/17/wells-fargo-stops-doing-limited-doc-gse-loans/ Your personal tour guide through the housing finance "misinformation maze". Thu, 14 May 2009 13:28:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BertDilbert http://mrmortgage.ml-implode.com/2008/11/17/wells-fargo-stops-doing-limited-doc-gse-loans/comment-page-1/#comment-8196 BertDilbert Mon, 17 Nov 2008 22:14:06 +0000 http://mrmortgage.ml-implode.com/?p=568#comment-8196 What it most likely means is that their legal department is reconsidering thier current and future liability issues of being negligent in claims from homeowners and non homeowners as to being responsible for wholesale economic disaster. Seriously, how long can it be before the class action lawsuits hit covering entire states for loose lending economic damage? How far off can it be before the California Legislature authorizes Settlement Anticipation Tickets (SATs) to be sold at lottery retailers? What it most likely means is that their legal department is reconsidering thier current and future liability issues of being negligent in claims from homeowners and non homeowners as to being responsible for wholesale economic disaster.

Seriously, how long can it be before the class action lawsuits hit covering entire states for loose lending economic damage? How far off can it be before the California Legislature authorizes Settlement Anticipation Tickets (SATs) to be sold at lottery retailers?

]]> By: peterb http://mrmortgage.ml-implode.com/2008/11/17/wells-fargo-stops-doing-limited-doc-gse-loans/comment-page-1/#comment-8192 peterb Mon, 17 Nov 2008 20:21:19 +0000 http://mrmortgage.ml-implode.com/?p=568#comment-8192 Interesting thought about when Paulson leaves. I wonder if that's concerning the banks at all? Or it the new administration as "bought" as Bush's was? Probably. But could anyone be as bad? Interesting thought about when Paulson leaves. I wonder if that’s concerning the banks at all? Or it the new administration as “bought” as Bush’s was? Probably. But could anyone be as bad?

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