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a move some experts fear will cause uncertainty and threaten the recovery of the fragile housing market.

Well, it is good to be able to fob blame onto those trying to uphold the law for the consequences of lawless behavior by the mortgage industry. The recovery is not "fragile" it is non-existent. In Mt. Home, AR the Building Committee of the City Council has canceled meetings for the second month in a row for lack of new work to review and the work they last reviewed had been set in motion at least a year previously, except for some permits for advertising billboards.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Oct 14th, 2010 at 12:19:16 AM EST
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