Financial Reform Bars Mortgage Lending Practices That Fueled Non-Prime Boom
May 28, 2010
Federal financial reform legislation on track to become law this summer will hinder or prohibit many of the practices that helped the non-prime market thrive earlier this decade. The House and Senate started the process to reconcile financial reform legislation this week after the Senate approved its version of the legislation last week on a 59-to-39 vote. Each version of...