We believe that approval of this application would set a serious precedent and lead to the erosion of the national policy against mixing banking and commerce.
More Quotes from Thomas Stevens:
Double-digit annual increases will become less common in the coming year.Thomas Stevens
When the market is good, you have a lot of creative approaches to real estate. But, I have been in the business for 34 years, and you see a lot of peaks and valleys.
Thomas Stevens
The rise in inventory means that buyers will have a wider choice available to them, and the significant price appreciation over October last year shows that demand is still there, as markets continues to balance themselves. Buyers know that housing is a good investment.
Thomas Stevens
Some sellers in markets that have had rapid appreciation are listing the price of their home too high, but those homes are just languishing in on the market. At the same time, some buyers who have believed hype about a housing bubble are hoping housing prices drop, but that's not happening either.
Thomas Stevens
If Congress does not want banks to engage in real estate brokerage or management, it is inconceivable that it intends to permit national banks to engage in real estate development, which is a much riskier activity.
Thomas Stevens
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