Industry Fights Suitability Proposals in States but Expects Bigger Battles in ‘07 as Congress Weighs Predatory Lending
November 9, 2006
“Suitability” could become a major mortgage industry issue in 2007 as consumer advocates and their allies try to push for inclusion of the controversial standard into anti-predatory lending laws, particularly if foreclosures associated with nontraditional mortgages begin...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.