Mortgage Bankers Brace For New Product Safety Rules That May Shrink Market Even Further
June 10, 2011
An historic downturn in mortgage production that’s expected to unfold through the better part of 2012 could segue into a long-term contraction in the industry as new mortgage rules kick into gear. Emerging new rules on “qualified residential mortgages” and “qualified mortgages” resulting from...
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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