http://alyssakatz.com From the author of Our Lot: How Real Estate Came to Own Us Mon, 19 Sep 2011 02:32:40 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://alyssakatz.com/blog/why-reform-died.html http://alyssakatz.com/blog/why-reform-died.html#comments Wed, 17 Jun 2009 11:22:36 +0000 Alyssa Katz http://alyssakatz.com/?p=416 In The Washington Independent, the consistently excellent Mary Kane has a sharp piece explaining why efforts in Congress to directly prohibit many predatory lending practices have been a non-starter. Expect the new Obama administration financial industry regulation plan and its promise of a Consumer Financial Protection Agency to doom whatever chances such legislation had. As I noted earlier this week, nothing  – no, not even a 5 percent stake in a loan’s performance – will stop financial institutions from continuing to create harmful mortgages.

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