Systemic issues and the cost of implementing new disclosures top compliance experts’ list of concerns about proposed changes to closed-end mortgage rules under the Truth in Lending Act. While the goal of the Federal Reserve Board’s proposal for massive TILA changes is to make sure consumers understand financial products and can repay the loans, the cost for implementing these...
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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