MBA Seeks Relief for Modified Loans from Loan Impairment Rule
December 21, 2007
Many mortgage lenders may be unable to do an impairment analysis on each of the thousands of loans that could be modified under a foreclosure prevention plan developed by Wall Street and backed by the Bush administration and federal regulators. The Mortgage...
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.
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