Missed Opportunity on Mortgage Reform - 2004-03-31
Washington Post columnist Steven Pearlstein was online to discuss the failure to reform the mortgage closing process, blame for which, he says, should go to all sides -- consumer and mortgage industry groups alike.

Pearlstein writes in a column today that the push to streamline and restructure the process has been derailed, due to the uncompromising selfishness of industry groups, the political incompetence of the Bush administration and the pigheadedness of consumer groups.
Read the full story at Washington Post

Early Detection Of Mortgage Fraud - 2004-03-31
Once upon a time, in a world all-too-common, the mortgage business didn't care much about loans received under fraudulent circumstances as long as they were performing as expected.

But that's no longer the case, according to Jenny Brawley, a senior fraud investigator at Freddie Mac.
Now, investors like Freddie Mac are "data mining" mortgages, "looking for patterns of fraud" in an attempt to "get to them before they go delinquent."
Read the full story at Realty Times