Mortgage brokers, criticized for their role in the subprime-mortgage mess, are fighting new mortgage-lending rules aimed at preventing another debacle. The National Association of Mortgage Brokers, the industry’s main trade group, has sent alerts to its thousands of members urging them to tell their congressional representatives to oppose the financial-overhaul legislation pending in Congress.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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HUD tests a new Operation Breakthrough for today’s housing crisis
“Gallia est omnis divisa in partes tres.” All Gaul is divided into three parts. Julius Caesar used those words more than 2,000 years ago to begin an account of military conquest. America’s housing affordability challenge might be described similarly. Like Gaul of yore, it divides into three parts: talk, action, and outcomes. Identifying the three […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio