Oh there were plenty of regulations allowing those things.
Why do you want so much govt control? A little unusual for a big govt person to be posting on FR.
LOL. Since you're evidently just a flatulent disingenuous gas bag who is incapable of providing facts, maybe those ACME floaties are redundant anyhow.
So, Wiley, which agency regulated Argent Mortgage; and which section of the U.S. Code (2007 edition) Empower(tm)ed them to do so, hmmmmm?
>>Why do you want so much govt control?
Is a Republic not a system of governance characterized by the Rule of Law?
Used your ACME Chemistry set lately to blow up any Federal office buildings with black helicopter landing pads on the roof, Wiley?