All Posts Tagged With: "Dodd"
Has Mortgage Lending Gotten Better Since Wall Street Reform?
Has lending really gotten better for borrowers during in the past few years? Certainly mortgage rates have improved. In recent weeks they have been at or near historic lows. But no less important the lending system has improved. It’s not just that mortgage rates are better, it’s also that the probability of getting a good [...]
24Oct2011 | Peter G. Miller | 0 comments | Continued
Washington Special Interests and Mortgage Loans
“Pro-Housing Policies will Stimulate Job Growth” says the National Association of Home Builders. Well, good, where do we start? What exactly are those “pro-housing” policies? “The inventory of new homes for sale is at a record low and there are many areas of the country that are approaching a housing shortage. Tight credit conditions are [...]
11Oct2011 | Peter G. Miller | 0 comments | Continued
New Mortgage Loan Protections Outlined in Wall Street Reform
The House Financial Services Committee has released a summary of the major changes included in the Wall Street Reform and Consumer Protection Act. These are items which have been accepted by a conference committee of the House and Senate. If the conference report is passed by both houses, the measure will then go to the [...]
27Jun2010 | Peter G. Miller | 0 comments | Continued
Mortgages: No Ethical Lapse On Capitol Hill
The Senate Ethics Committee has found that neither Sen. Thomas Dodd (D-CT) nor Sen. Kent Conrad (D-ND) broke any ethical standards on the basis of mortgages received from Countrywide. After going through 18,000 pages of documentation, the Committee concluded that the rates and terms received by the senators where generally available to the public — [...]
11Aug2009 | Peter G. Miller | 0 comments | Continued
Capitol Hill Mortgages No Big Deal
According to various reports the Senate Ethics Committee has spent several hours lately speaking with a former Countrywide official. The issue is cushy mortgages and discounted mortgage rates for Senators Chris Dodd (D-Conn.) and Kent Conrad (D-N.D.), but curiously not a mention of any Republicans. This is news? The senators, of course, argue that they [...]
29Jul2009 | Peter G. Miller | 0 comments | Continued
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