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...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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