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Monday, April 27, 2009 Sweeping lending bill under fire
A bill aimed at removing incentives for mortgage brokers to put borrowers in risky loans while requiring lenders to retain some "skin in the game" could hurt the very consumers it's designed to protect if it further constricts mortgage lending, real estate industry critics say.
At a recent hearing on the bill, some consumer advocates -- and state banking regulators who stand to lose some of their authority if the bill is passed -- said the bill's language is too weak to accomplish its lofty goals. ... CONTINUED
An antidote for toxic assets
'Desecuritization' is best bet for financial security
Toll Bros. exec sees signs of life
From Curbed.com blog
Realty Executives adopts lead-gen platform
Real estate tech brief Bruss book awards deadline extended
Real estate brief OTHER TOP STORIES Seller financing a risky proposition
What happens if buyer declares bankruptcy? An economy on life support
Commentary: No time for 'tap dancing' around banking problems ARMs costlier than fixed-rate mortgages
Demand for ARMs has evaporated Moffett back at Freddie Mac
Former CEO will serve as consultant New-home sales sink 30.6% in past year
Real estate brief More Headlines » | 
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