Boosting Mortgage Activity, Consumer Protection Will Preoccupy Congress in 2009, Observers Say
January 8, 2009
2009 is poised to become a watershed year for mortgage-related legislation as Congress and the incoming Obama administration will focus on policy proposals to stimulate mortgage demand and enhance consumer protections, according to industry observers. Industry lawyers and lobbyists expect to see more legislative efforts to spur mortgage demand and help people avoid foreclosure...