MBA Seeks Leadership Role in Restructuring of Mortgage Capital Markets; 2008 Priorities Include RESPA, HERA
September 18, 2008
The mortgage banking industry has mapped out its lobbying priorities through next year, including expanding the Fannie/Freddie restructuring debate to an aggressive overhaul of the mortgage capital markets, harmonizing early loan disclosures, and implementing the new housing law. The current environment presents an opportunity for a bold “do over” for the mortgage industry, to...
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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