Not following this, will read now.

I am not following this.

Yeah, Mrs Doubtfire - always good for mild amusement.
On the other, we will see.
I was just talking with an attorney today about (Dodd-Frank) (unrelated issue) and we agreed that it is so complex, we STILL don't know how it will affect so many aspects of our business - 1000 pages of legislation that no doubt were not read in entirety by Congress. The Financial Choice Act dismantles parts of Dodd Frank. It's like Obiecare - will a partialectomy do the trick or make things worse?

Always a fan of less paperwork, but this does leave us open to the same thieves who contributed to the last crash.

So I have mixed feelings on this

Just because the Houses passes anything doesn't mean it will be law. They haven'y passed anything that has become a signifcant law this year.

"economic growth for all; bank bailouts for none"

We'll see. Hope the children don't $#!+ the bed again.

Ignorance is bliss...

I am not aware of what that means. I guess I should check it out.

I'd have to read up on it more to have an opinion. -Kasey

Kevin, If it helps to strengthen economic growth, by all means it is a good thing. It still remains to be seen...

  I know nothing.

I was very unhappy with "too big to fail" bank bailouts.  I'm glad this is getting a long overdue overhaul.  Now it just needs to pass the senate, be signed into law and we have to survive the cry-babies and riots over it.

I think it is a good start. We could not keep going the way we were for so long. I am for limiting governement and protecting the citizens. 

like many have said, I am not following this.  A

Optimistic describes it best!

I agree with those that suggest that it is a good start.  I know, it will be beneficial for some of our clients. 

I put this into my blog post on the mortgage market.  You can get the link to read the whole 569 pages, or the 147 page comprehensive summary or if you are lazy the 4 page Executive Summary.  Here is the link to my blog on Mortgage Rates Weekly Udpate

Indifferent until we see it passed into law...or not!

We are going down the path once again of abuse. I don't like it one bit. Pick-a-payment plans? NO DOC, NINJA loans again?

to soon to tell

I've not been following this with a great deal of attention.

time will tell

What I have read so far concerns me that the pendulum is swinging back too far into an unregulated arena.

the high rollers will be grinning ear to ear.... money will be flowing.... and the bankruptcy attorneys will be busy....very busy....

I'm a little uneasy on much of this.

Thanks for the alert. Will read more of it later.

Like medication... one pill fixes one thing and causes side effects, which requires another pill which causes a different side effect which requires another pill which causes a different side effect which requires another pill which.... blah, blah, blah.   And, they can claim success because they covered the symptoms of the original ailment.   Carry on.

indifferent

No idea.

I have been paying no attention to it so can't opine.

I stopped by.Thank you for sharing.

Kevin J. May - I will have to check this out...

I am not aware of this. Will bookmark and read tomorrow. 

Will check it out.

Thinking.