Personal Loan

Last year, the Mortgage Bankers Association joined several other groups in issuing a letter to senior members of the U.S. House of Representatives Committee on Rules. The trade groups predicted dire consequences from skin-in-the-game requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act . But Wells Fargo & Co. disagrees, with one of its executives quoted as as saying, “Risk retention is a good idea.”

View full post on Mortgage Stories