Financial reform has passed. The sprawling legislation is meant to be an air bag protecting us from the next major crash, which of course raises the question: Will it work? “We would have loved to have something like this for Lehman Brothers,” said Hank Paulson, who served as Treasury secretary when the financial system melted down in 2008. “There’s no doubt about it.”
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.