Reunion of Higher Mortgage Rates
Reunion of higher mortgage costs+ rates; Regulators want lenders to have “skin in the game”. This is like Custer at Little Big Horn bellowing “take no prisoners” as the Indians approached. Background Passing of the Dodd-Frank act July 21, 2010 established rigorous standards and supervision to protect the economy and American consumers, investors and businesses, and ends taxpayer funded bailouts …
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