1 Articles match "2005","News","North Carolina"
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As Foreclosures Mount, Candidates React to the Credit Crisis
We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen. Bill Richardson — taking aim at President Bush and the GOP — called the current financial crisis the “the Katrina of the mortgage-lending industry,” referring to the 2005 hurricane that devastated New Orleans. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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As Foreclosures Mount, Candidates React to the Credit Crisis
We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen. Bill Richardson — taking aim at President Bush and the GOP — called the current financial crisis the “the Katrina of the mortgage-lending industry,” referring to the 2005 hurricane that devastated New Orleans. With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an
www.foreclosurepulse.com
- Tuesday, December 16, 2008