The Mortgage Market Is Changing Fast
Wall Street Journal, Nov. 14, 2016–Andriotis, Annamaria
The remaking of U.S. politics also is likely to upend the nation’s mortgage market. There are two reasons why: interest rates and regulation. MBA President and CEO David Stevens said who President-Elect Trump picks as attorney general, and the approach of the Justice Department toward lending transgressions, would have a big impact on how lenders assess legal risk.
