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About This Commentary

The goal of the Community Commentary channel is to provide analysis and perspective on events affecting the mortgage and housing industry from members of our community that work in the marketplace on a daily basis.

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  • Discussing Calls for Leadership in the Mortgage Industry

    A combination of better and simpler disclosures from lenders, combined with the assurance of complete and accurate information from borrowers, would go a long way toward repairing the damage to the lending industry inflicted by the mortgage crisis. That said, I'd have more confidence that workable changes could be imposed if I heard an intelligent and rational discussion from our elected leaders, rather than the empty rhetoric and finger-pointing to which Americans are currently subjected....
  • Mortgage Industry In Search of Leadership

    Despite being several months into what equates to the de-construction and re-building of the mortgage industry...there seems to be a distinct lack of leadership. The "subprime meltdown" brought the US economy to the brink of all out Armageddon. Because several market participants chose to turn a collective blind eye on the convergence of the events leading up to this financial tsunami...I think we can all agree that there is no shortage of blame to go around. Like the residents of New Orleans who were victims of hurricane Katrina, we should now be asking...Where are the leaders?...