A Continuing Look at the Legal, Governmental, and Economic Ramifications of the Subprime Mortgage Crisis

This product provides a continuing look at the potential legal, governmental, and economic ramifications of the subprime mortgage crisis. The subprime lending industry is still recovering from its recent collapse during the summer of 2007. This product discusses the lingering effects felt by lenders, borrowers, mortgage brokers, and bankers and reviews the legislative response to these issues, both on the state and federal level. In addition, it discusses the pros and cons of new regulations, including the Mortgage Reform and Anti-Predatory Lending Act, and who will be most affected by them.