New Bill: Congress Engineering Yet Another Financial Crisis

Say hello to the next financial crisis, brought to you courtesy of the dumbest new bill of the week: H.R. 5148: Access to Affordable Mortgages Act. With HR 5148, Congress aims to exempt certain ‘higher-risk mortgages’ from property appraisal requirements,  reversing several provisions in the 1968 ‘Truth in Lending Act’. It’s idiocy on an epic […]

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