Comprehensive mortgage settlement rules taking effect next year will require mortgage lenders to be responsible for the accuracy of third-party fees and other disclosures made by mortgage brokers, according to the Department of Housing and Urban Development. But compliance experts warned that while HUD may exercise restraint and flexibility during the rules’ implementation phase...
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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