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The MReport Webcast: Thursday 5/19/2016

As the 58th presidential election draw closer, many in the mortgage industry are wondering who will win and how the new president will impact housing. Zillow's latest Home Price Expectations Survey of 107 experts found that if Donald Trump or Sen. Bernie Sanders were to win the election, the smooth housing road and overall economic outlook could run into a few bumps.

 

Vice Chairman of The Collingwood Group, Brian Montgomery, sat down with MReport to provide his take He said quote I don't disagree with the report. However, I was taken aback by the extra negativity toward Trump, and I began to wonder how they came to that conclusion I think the problem with Trump is that it is still unknown what he would do for housing. I think that's where the hesitation comes in. There is uncertainty in the unknown. There is a little of the unknown among all the candidates Close quote.

 

University of Utah law professor and part-time Special Advisor to CFPB Director Richard Cordray, Christopher L. Peterson, provided a track record report on the agency's progress since creation. He found in his evaluation of the CFPB's performance and effectiveness that the Bureau had made several strides toward consumer protection rights over the last five years. Peterson noted that from its inception through 2015 the CFPB brought 122 public law enforcement actions that generated over 11 billion dollars in consumer redress and forgiven debts without losing a case

About Author: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.
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