securities: Federal Predetory Lending Legislation moving to Front Burner - 09/16/07 12:16 AM
Congress is right smack in the middle of a huge quagmire. There are factions of congress that are proposing legislation that goes beyond the lenders practices they want to clean up.
In particular there is legislation being discussed that wants to reach down to the investor level that buy the mortgage securities. … (19 comments)

securities: Aunt Fannie and Uncle Freddie are coming to the Rescue ..... Yee Haa ! - 07/29/07 08:47 AM
Aunt Fannie  Mae and Uncle Freddie  Mac are coming to the rescue of the sub-prime lending fiasco. The sub-prime lending market saw a huge escalation in its business and market share  that coincided with the housing boom of the last 5 or 6 years.
With So many Adjustable Rate loans generated, the proverbial … (76 comments)

 
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San Diego Real Estate Voice authored by William Johnson

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