But are we not concerned about a diminution of service? I'm thinking particularly about some rural areas and some parts of the marketplace--people with less-than-perfect credit who may not be as well served when the major players are now in greater competition to retain their market share and their bottom line. Obviously it's easier to go for the well-heeled, urban neighbourhoods where there's less risk for these guys than in the regions, or with people who have imperfect credit who also deserve to buy homes.
On May 10th, 2006. See this statement in context.