Sheila Bair Called It - Foreclosure Lookback Reviews Are A "Ruse"

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Sheila Bair Called It – Foreclosure Lookback Reviews Are A “Ruse”

Sheila Bair Called It – Foreclosure Lookback Reviews Are A “Ruse”

Forbes-

Sheila Bair called it. The former FDIC chairman’s book, “Bull By The Horns,” has several chapters on the housing crisis. She fought hard, according to her account, for something different and better to help damaged borrowers. She can now say that the OCC/Fed “lookback” reviews mandated by April 2011 consent orders are a “ruse and a waste of time and money.”

[FORBES]

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