Tokyo We have been a broken record about the fact that not only did Wall Street largely get away with their shenanigans the precipitated the US and worldwide housing crises in 2008, especially for their subprime fast dealing and dodging, but so for the most part did the wheeling and dealing mortgage brokers. Over and …
Tag: subprime loans
Mortgage Disclosures and Modification Appeals are not Enough Reform
San Francisco There is no question that the new federal level Consumer Financial Protection Bureau (CFPB) is a good thing and that its initiative to reshape and clarify the disclosure forms for homebuyers is important and necessary work. Writing such forms in plain and simple English is a needed step and requiring full transparency of …