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Homeowner Loans: Mortgage Bankers Association Fighting for Profit Over People

May 4, 2009

You would think this year’s Mortgage Bankers Association annual meeting would be a rather solemn affair — given the criticism the industry has endured in recent months. But an ANP reporter attending the meeting found the bankers in a celebratory mood. The reason? A massive lobbying campaign against bankruptcy reform legislation known as “cram-down” appeared to be working.

Helpful Homeowner Websites

*All website links were found on a Diane Rehm episode: Facing the Mortgage Crisis

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3 Comments leave one →
  1. July 14, 2009 5:18 pm

    this post gave me reason to think, thanks…

  2. December 15, 2009 11:48 am

    Obama’s meeting and “scolding” of the bankers…just political theatre to assuage or placate us. In the meantime, the banks are coming back stronger…more of a threat…
    See: http://euandus3.wordpress.com/2009/12/15/obamas-meeting-with-the-top-bankers-show-whos-on-top-again/

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