Attorney General Coakley has promulgated new regulations that would forbid mortgage lenders and brokers from making a loan unless they have a reasonable belief that the buyer will be able to repay.My reaction: What kind of a world do we … [Read more...]
The Senate gets it
Senate President Therese Murray today announced that the Senate will take up a comprehensive bill tomorrow designed to address the current foreclosure/subprime lending crisis. The bill is will provide for more state oversight of the … [Read more...]