Of Course Borrowers are Paying for Higher Lending Costs - Did Our Gov't Think Lenders Would? (Plus: CFPB Can't Tell Arse From Hole in the Ground)

most "in the know" say that one big hindrance is the uncertainty in the market place (will housing prices drop, will I lose my job, how long it will it take to pay for the fees, maybe I won't qualify now, etc.). And lenders are so worried about making a simple mistake, which could result in a buyback years down the road, that the cost of processing, underwriting, and verifying loans has skyrocketed, in addition to the regulatory and compliance costs that are heaped onto the borrower. The government didn't expect lenders to absorb those costs, did they?