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Today while sifting through Yahoo Finance, I use the term "today" loosely because I know it's really tomorrow but I have yet to sleep. Anyway I always like to know what I am up against when it comes to my line of work. Someday, I'll be able to predict interest rates and I'll be rich! Until then I'll just have to do good old fashioned research and projecting and being wrong. Anyway I ran across and article with a little different view than the rest of the world. Saying that mortgage brokers are getting somewhat of a bad rap. It was a refreshing change to hear someone say I am not neccesarily the greedy scum of the earth. Of course then I read all the comments about what a crappy article it was. I especially enjoyed the one from "The People's Advocate", who stated that people aren't smart enough to educate themselves about getting a home loan. So I responded: It's just like the American public to not take any responsibility for their actions. It's all somebody else's fault they got into a house they ultimately couldn't afford. And of course it's all somebody else's fault they had to buy a new car to go with their new house a week after they moved in, and some new furniture and a boat and after all that hard earned spending we really need a week in Hawaii. Give me a break! There are some unfortunate people who got sucked in because someone told them exactly what they wanted to hear. But I am sick to death of listening to people cry about how nothing is their fault, from their financial debt to problems with raising their children to killing their neighbor. Yes, there are some really bad brokers out there and I agree that is based on character. Go to more than one mortgage broker, check the bank, check a credit union. The bad loan originators are not going to turn good because of more regulation. The bottom line is people need to educate themselves!