Once again, Real Estate Settlement Procedures Act reform is facing tough challenges from the mortgage industry and Congress. The question is whether federal housing regulators will cave in as they did the last time. So far, HUD is keeping quiet about how it plans to respond to letters from lawmakers and industry groups calling for the withdrawal of the current RESPA reform proposal...
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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