
Financial reform's consumer protection is an afterthought
Mortgage / Home Buyer News
I wish I could say that I feel confident that Congress will protect mortgage borrowers when the House and Senate eventually reconcile on financial reform. But the way things are going, it looks like consumer protection is an afterthought.
Almost a year ago, the Obama administration asked Congress to require lenders to offer "plain vanilla" mortgages
Source: Bankrate.com » Mortgages