Mortgage Crisis Commission: Tragedy or Farce?

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Here we go again! A commission. The politician's way of seeming to do something, though really doing nothing, all the while defusing criticism and dispersing risk.

Three years late and stunted politically at its very inception, this year's version of a Truth and Reconciliation Commission will likely do little to uncover any truths which we don't already know and reconcile nothing that would not have been reconciled in any event without a commission.

Let's take a close look at the new special investigations unit, already being dubbed the Mortgage Crisis Commission.

ARTICLE SECTIONS:

-Marching Orders

-The Players

-Chairman

-Chairmen

-Predators and Prey

-Gambit

-Quis custodiet ipsos custodes?

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Published In: Civil Remedies Updates, Consumer Protection Updates, Finance & Banking Updates, Residential Real Estate Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jonathan Foxx, Lenders Compliance Group | Attorney Advertising

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Jonathan Foxx
Lenders Compliance Group

LENDERS COMPLIANCE GROUP, INC. (LCG) and its affiliates, BROKERS COMPLIANCE GROUP, INC. (BCG),... View Profile »


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