[Kevin Henry-Seacoast]

kevin made a comment and I was answering him



and what is had to do with regulation is

if the rate goes DOWN Funders are going to fold...add in additional compliance costs and lawyers ( i said this 2000 times on these boards already)

regulators are lawyers coming for you with the full power of the State and their deep pockets...you will never survive

for anyone to have wished this on us was crazy

if you do not understand this...that is not my concern( because you do not want to, you want to argue) . usually people have to climb up a ladder to see the view from the top

nothing wrong with it...ive just seen alot more

How do you know you have seen more than anyone else on this board? I know you claim you have on a regular basis.

I never said that rates are going down because of regulation in this tread. I said costs will go up if this is done on a state level and not federal. The cost will affect margins and in turn institutions will have to cut costs.