Comments on: Why Should There Be Greater Regulation of Subprime Lenders? Part 1: Can You Say Enron?

By: Suing the Mortgage Industry: Turnabout is Fair Play at Bankruptcy Law Network - Real Lawyers, Real Solutions

Tue, 17 Jul 2007 02:13:02 +0000

[...] As previously reported here at BLN, the subprime debacle is not just a real estate problem. There is news every day of its effect on Wall Street, including the recent downgrading of billions of dollars worth of bonds backed by subprime mortgages. [...]

By: Feds Don’t Go Far Enough to Regulate Subprime Lenders at Bankruptcy Law Network - Real Lawyers, Real Solutions

Mon, 02 Jul 2007 02:49:40 +0000

[...] The reality is that Congress needs to step up and protect the middle class by regulating anyone who writes mortgages because the current mortgage crisis in this country affects more Americans than the Enron debacle. [...]

By: Why Should There Be Greater Regulation of Subprime Lenders? Part 2: What Are They Doing Wrong? at Bankruptcy Law Network - Real Lawyers, Real Solutions

Fri, 22 Jun 2007 02:46:06 +0000

[...] In Part 1, I discussed the dangers of not regulating an industry that has a “deep impact” in our economy. Enron�s collapse, and the collapse of similar companies, highlighted the absolute necessity of oversight to instill investor confidence and insure that “what you see is what you get.” Similarly, the recent failure of subprime lenders has unquestionably contributed to our current economic downturn, leading to calls for greater governmental oversight of the mortgage industry. [...]