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[9 Apr 2011 | One Comment | 3,064 views]
Housing reform efforts get even more confusing

Get ready – this year will prove to be an interesting one for people who are wondering what, exactly, mortgage reform will look like.
Yes, we all know mortgage reform is coming. That was a foregone conclusion when the subprime mortgage industry tanked a few years ago and high foreclosure rates started to plague housing markets around the nation.
People started to question the underwriting standards that allegedly gave rise to so many mortgages that went so wrong and people started to wonder what could be done to prevent the issuance of …