This report correlates with my personal experience watching underwriting guideline changes, and loan program expansion to accommodate the CRA. The gov't can point fingers at banking, and Wall Street, but they have to take some blame in the economic malfunction of mortgage backed securities. The ... » Learn More about Study: CRA Increased Risky Lending at Banks Pre-Crisis
Archives for February 2013
New Mortgage Regulations – 3507 Pages and Counting
Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for CAMP gives an overview of newly released mortgage regulations from the CFPB applicable to Dodd Frank. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc Gov’t Affairs Chair – ... » Learn More about New Mortgage Regulations – 3507 Pages and Counting