Industry Intensifies Lobbying for Merged RESPA-TILA Disclosures
July 14, 2008
The mortgage industry is on a lobbying blitz to get the Department of Housing and Urban Development and the Federal Reserve Board to work together to harmonize emerging disclosure changes. HUD has not responded to calls by financial trade groups and federal banking regulators to coordinate with the Fed in developing a single form for disclosures under the Real Estate Settlement...
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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