Lawmakers Create “Mortgage Reform” Bill

Written on November 7, 2007 – 9:04 pm | by Chris Francis |

Do to the lack of standards in the mortgage industry by brokers, lenders, and Wall Street, the door was opened to allow the federal government to start the debilitating regulation process on the mortgage industry. The House Financial Services Committee has approved a bill that if passed by the full Congress and signed by the President, would severely restrict the mortgage industry.

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The Jimmy Rex Team

Jimmy Rex was the Keller Williams Regional Rookie of the Year in 2006 and sold more than 100 homes.

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