--- In AsburyPark@yahoogroups.com, "Jennifer" <[EMAIL PROTECTED]> wrote:
>
> I am prejudiced because I have worked in housing counseling since
>1994,
> but I agree. If everyone had a counselor to work with before they
took
> out a mortgage then you would decrease the number of people who ended
> up in crazy mortgages. You could never completely eradicate it
>unless
> counselors were required to sign off on the loan choice, but that's a
> bit too much. How about mandatory first time homebuyer classes? At
> least educate people that they have options. Right now, people take
> advice from those who make a commission off of their decision. Never
>a
> great situation IMHO.
Jennifer let me guess - in the counseling laws you propose above, you
wil insist the counselors have immunity from lawsuits if they give bad
advice. You'll want to be completely unaccountable for your actions.
Am I correct, or will the counselors be accountable for the advice they
give?
It's your law - you're proposing it.
What say you?
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