Most Borrowers Won’t Detect ‘Fee’
- Share via
I could not agree more with Kenneth R. Harney’s Feb. 14 Your Mortgage column headlined “Clinton Proposal Looks Like a Tax on Home Loans.” Now instead of a tax, it will be called a “mortgage transaction fee.”
This will be buried in myriad paperwork when securing a refinance or mortgage loan and will undoubtedly be unnoticed by a majority of borrowers.
Just another liberal boondoggle to keep the tax structure going on ad nauseam. It is time to have another Boston Tea Party.
BOB HOFFMAN
Newport Beach
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
