The financial saga continues...
Buzz words that you heard from politicians and others over and over again last week was the need for more 'transparency' and 'oversight'.
In case you are curious as I was to the definitions that these entail in terms of the relevancy to the financial crisis, here goes...
Transparency - the full, accurate, and timely disclosure of information.
Oversight - Overseeing the performance or operation of a person or another group.
I am glad that these things are being put in the language of the bailout plan to help our industry and our economy as I am sure you are too.
These are extraordinary times and hopefully history will show that we got it right with swift and decisive action with controls and actions to help people on Main Street while helping and controlling Wall Street so this problem does not reoccur again.
The sooner the better so we can start selling a ton of houses!!
Senior Mortgage Advisor
PHH Mortgage - 843-230-7929
Senior Advisor - Helping you GROW your business!
www.activerain.com./luckydog1 - SC
www.activerain.com/luckydog2 - NC
http://samthompson.phhmortgage.com/
