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Loan Modification

: Mortgage Lender Implode-o-Meter

Unintended Conquences: Housing Discrimination Spikes as Crisis Continues

By Implode-Explode Heavy Industries

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?HUD is in the awkward position of policing its own programs and partners for fair housing violations,? said Henry Cisneros, former secretary of HUD, calling for the creation of a new and independent fair housing enforcement agency published in the December 10, 2008 issue of American Banker. ?It depends on various entities to carry out its policies ad at the same time is also responsible when acting as a fair housing enforcers to investigate the very same entities for their housing discrimination?There?s a built-in conflict of interest.?

Full post as published by Mortgage Lender Implode-o-Meter on May 06, 2009 (boomark / email).

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