Comment on CFPB-2012-0022-0001

Please consider the unintended consequences when reviewing legislation. The parties responsible for putting these laws in place need to be very certain of how the mortgage business works before making laws permanent. As a loan originator and broker owner for the last 12 years, I've seen a host of changes some of which have made sense. I agree with the tightening of disclosure and ensuring the customer is getting a good program and that mortgage professionals are delivering the terms and conditions that we originally tried to get them approved for. However, in order for consumers to continue receiving decent mortgage products at fair prices the proposed rule needs to ENSURE that fair market practices can take place. Continuing to restrict and inhibit the pricing we can offer will only limit consumers and force them to pay higher rates and fees overall. If any consumer takes the time to look at their documentation they should be given the right to choose what option makes the most sense for their situation. If the proposed rule is put in place, consumers will have less choices, less pricing options and therefore will ultimately be further restricted.