House Panel Approves Mortgage Reform Bill With Federal Preemption for Secondary Market
November 8, 2007
The House Financial Services Committee this week approved mortgage consumer protection legislation that would establish a federal preemption for the MBS market, but the fast-moving bill would have a significant impact on the kinds of loans flowing into...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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