10/18/2010

Has Your Home Loan Been Sold?


What if your home loan has been sold? This video interviewing Paul Leonard of the Housing Policy Council explains why mortgages may be sold, what is securitization and its function in the market, and the new banking changes which will require anyone who touches a mortgage in the future to have some responsibility for it: the Dodd-Frank Wall Street Reform and Consumer Protection Act (summary is 16 pages).

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