Housing reform legislation: yes, it *is* that big a deal: Part 2, housing
[Continued from yesterday’s Part 1.]
Yesterday we got rolling on the consequences of HR 3221, the Housing and Economic Recovery Act (HERA) of 2008 (this Reuters summary is as good as any). Yes, it is a big deal: a huge deal.
We’ve seen that it completes a fundamental revolution within the financial system, a financial […]