People love lists. Love them! Most people don’t like mortgages….but…what about a list of things to change about mortgages? Brilliant! Larry Cragun over at SeattlePI.com has done just that and it’s a good, quick read. Larry’s got some great ideas, I’m all about numbers 5 and 10:

5- Sub Prime loans. My proposed change: only allow it be sold to those who have taken an advanced college course in internal rate of return.

10. Restrictive FHA rules. Make FHA more available. It will make the rates go down on this already competitive program. It will keep some uncaring lenders from selling sub prime when they should have sold FHA, but didn’t have it.

Keep up the lists!

In honor of brilliance, a favorite commercial:

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