Industry, Lawmakers Clash Anew Over Yield-Spread Premium Fees
July 9, 2007
Congress and the mortgage industry may be locking horns again over yield-spread premiums, as the chairman of the Senate Banking Subcommittee on Housing, Transportation, and Community Development says he may add a provision prohibiting the practice to his...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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