It’s fun putting catchy lipstick on the pig of housing finance.
“There has been a lot of input so far above and beyond Barney Frank & Co., including the ASF and MBA.”
DaC, can you shed a little light on what the other players driving mortgage practices, especially loand mods and guarantees, are doing? Until I looked them up just now, I didn’t know who the ASF or MBA were, and there are just hints on their websites of upcoming guidelines. Being involved in other regulatory processes, I know that if they say they are preparing guidelines, they are far along and a lot of people know what’s likely, or at least possible.
