Lenders’ Biggest Fear Today is Increased Enforcement Litigation
November 3, 2008
Industry attorneys are warning of increased enforcement litigation risk, particularly at the state level, after the presidential election. Attorneys with the Washington law firm Paul, Hastings, Janofsky & Walker predict a strong legislative and regulatory push in the months ahead that could result in many unnecessary enforcement actions and frivolous lawsuits...
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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