http://www.mortgagenewsdaily.com/512007_Foreclosure_Solutions.aspBefore we were sidetracked by new and existing home sales reports and falling interest rates we were profiling hearings before the House Committee on Financial Services that featured some of the big wheels of banking regulation and mortgage lending talkingenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/512007_Foreclosure_Solutions.asp#10824Wed, 02 May 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:10824jhrIf regulators are DOING THEIR JOB CORRECTLY there would be no &quot;overcorrection impulses&quot; to control only their responsibility to enforce existing regulations-period. Lenders have gotten their way too easily and for too long - and I really get a kick out of this &quot;qwest to put everybody in a home&quot; CRAPits more like a &quot;qwest to be the richest the quickest&quot; and why not SPEND more taxpayer money to verify that lenders don&#39;t know how to access risk anymore using automated underwriting.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=10824" width="1" height="1">