Look, you want good regulations in place. And heres the interesting thing about regulations. What they found interesting enough to go back, that The mortgage docs were so complicated for the average American to read that they never read them because they had so many regulations. of what you had to put in a mortgage doc, what they realized is that was the worst thing they could do because nobody could understand. (26:54–27:03)
CLAIM
Asserts that mortgage documents became too complicated due to excessive regulations.
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