From: Joe Copeland
[mailto:JCopeland@greerstatebank.com]
Sent: Monday, February 09, 2004 3:35 PM
To: 'regs.comments@federalreserve.gov'; Comments; 'regs.comments@occ.treas.gov';
'regs.comments@ots.treas.gov'
Subject: EGRPRA
My comment is brief. When considering new legislation could we get
the attorneys out of the process? I have been in banking for 40 years
and when I started I could perfect a mortgage with a note, four page
mortgage, appraisal, and verification of insurance. I honestly believe
that we have swung so far to the left that all the regulations and
associated cost have harmed the consumer. For sure from a banks
perspective. All the banks I have been associated with over the years
tried to treat people honestly and competition has also forced us to be
competitive and honest with our dealings with the public.
I really don't get it. Who are we protecting the attorneys or the
consumers?