"Stabilize and stimulate" was the theme of congressional and executive-level response to the financial crisis in the first half of the year. Between January and June, the administration's Financial Stability Plan, the Homeowner Affordability and Stability Plan and the Public-Private Investment Program plans were all launched. Accordingly, the Mortgage Bankers Association has undertaken an intensive effort to examine and respond to the many proposals, recognizing that anything less than a full-court effort could result in severe consequences for each of your companies as well as the entire industry in the coming years. The administration released its recommendations for overhauling the regulatory framework of the US' financial system in mid-June.
Restructuring for the Next Generation John A Courson Mortgage Banking; Sep 2009; 69, 12; Docstoc pg. 24 Reproduced with permission of the copyright ow
Pages to are hidden for
"Restructuring for the Next Generation"Please download to view full document