Relevant:
- Many concerned about impact of proposed new rule to boost mortgage down payments to 20 percent
- Fannie Mae breaks rules to foreclose on unsuspecting homeowners
- US SEC plan boosts mortgage-backed securities rules
- "Astonishing" That Big Banks Are Taking Taxpayer Money, Writing the Rules, Warren Says
- SEC Weighs Rules for Hedge-Fund Registration, Swap Repositories
2008-12-01 — yahoo.com
"The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents."
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