HFSC Calls for HUD Guidance on State Implementation of SAFE Act
August 9, 2010
Reps. Barney Frank, D-MA, and Spencer Bachus, R-AL, the chairman and ranking minority member of the House Financial Services Committee called upon the Department of Housing and Urban Development to issue guidance to states regarding the implementation of the Secure and Fair Enforcement for Mortgage Licensing Act. In a recent letter to HUD Secretary Shaun Donovan, the two lawmakers noted that...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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