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Mortgage Settlements Not Likely To Move Housing Market

Tuesday, January 8, 2013 - 4:53 AM
A pair of settlements reached between a collection of large mortgage lenders and regulators, and Bank of America and Fannie Mae, respectively, will do well to help lenders atone for the sins of their past. But the continued recovery of housing in general is less dependent today on settlements and payouts for yesterday’s abuses, and is instead much more reliant on market conditions here and now.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,600