U.S. President Barack Obama has announced his administration’s anticipated market reforms proposal. The administration’s plan, which Obama targets to complete in the 2009 calendar year, would give the Federal Reserve more power to police financial institutions, allow the government to break firms apart, and create a new agency to protect mortgage, credit card and financial products consumers.Read more
More state and national mortgage news and mortgage press releases:
- CMSA issues white paper on Obama Administration’s regulatory reform plan Commercial Mortgage Securities Association (CMSA), in a white paper...
- Obama establishes interagency Financial Fraud Enforcement Task Force Attorney General Eric Holder, Treasury Secretary Tim Geithner, Housing...
- Comprehensive financial regulatory reform legislation introduced House Republicans, led by Financial Services Committee Ranking Member...
- Industry vet David Hall announces the formation of Hall Financial David Hall, a veteran of Michigan’s mortgage industry, has...
- Obama Administration reports more than 100,000 permanent mods approved to date The U.S. Department of the Treasury and the U.S....
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