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July 9, 2014

CSBS Worried Lenders Could Exploit ‘Right to Cure’

By Thomas Ressler

“Under the proposed amendment, lenders who pursue these deceptive practices may receive a safe harbor for these transactions,” the CSBS said.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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