[quote=AN][quote=CA renter]And you have no idea how much I despise the government’s role in forcing us to use middle men who’ve paid off someone in congress. If the government is taking the risk, then “We the People” are taking the risk, and should be rewarded by having direct access to OUR govt lenders.
There are so many areas where we’re forced to use middle men who do ABSOLUTELY NOTHING but pocket profits that belong to either the government or the customers.[/quote]
I agree with this point, but this is a totally different debate. I stand by my original statement/point.[/quote]
Yes, you are correct, but it’s also true that if the loan is sold off to another lender (not necessarily GSEs or other lenders who don’t do business with retail clients), the borrower is paying too much.
