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Originally Posted by Dusty
Nailed. And instituted quickly.
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Quote:
Originally Posted by Broadsword2004
I think what America needs is the regulations that create the incentives for the prudence and banking conservatism we see with the Canadian banks, but keeping the system decentralized could probably keep the system more flexible. Canada's banks are not subject to the politicism of America's banks regarding trying to get everyone a home as well.
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Wow, you guys are harsh. You mean that potential borrowers should have verifiable, stable incomes, sound creditworthiness and appropriate down payments?
