The mortgage industry is leery of a strategy proposed by Special Advisor Elizabeth Warren that relies on “crowd-sourcing technology” to help the new Bureau of Consumer Financial Protection target its rulemaking and enforcement efforts. Warren, named by President Obama to organize the bureau from the ground up, proposed the use of...
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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