The fallout continues. How will the government regulate mortgage?
Scott at Double Positive has a good summary of some interesting news items related to possible regulation of the mortgage industry.
This is an issue looming over the industry which may have a major impact on both lead generation and lead funding.
Will advertising be restricted?
Will mortgage products be restricted?
Will the banks push or oppose regulation in the industry?
Will states push ahead of the federal government, potentially causing havoc for national lead generators and brokers?
Avi said... October 24th, 2007 at 8:15 pm
I think this is a clear case where the large banks will collude to benefit from regulation. Why allow other firms to move into their established position when they can utilize a stricter status quo?
Mortgage said... November 30th, 2007 at 11:20 pm
Mortgage…
The image he painted is haunting and stark. The US Treasury Departmen…