No matter which party prevails in the November midterm elections, proposing and enacting drastic reform in the housing and mortgage finance industries are going to be front-and-center items on the legislative agenda for the new 112th Congress as it begins its session in January 2011.
As if the prolonged collapse of the housing market wasn't enough, our economy is being smacked hard once again by the meltdown of the mortgage-backed securities market and by new, horrifying revelations regarding overly aggressive home ...