The mortgage industry will likely soon confront an old foe – cramdown – as Democratic proponents announced plans last week to attach a provision to the financial regulatory reform legislation.The House narrowly passed bankruptcy reform legislation earlier this year, and the Senate rejected a cramdown bill by Sen. Majority Whip Richard Durbin, D-IL, who has been trying for years...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.