Even after the subprime debacle ignited the greatest economic crisis since the Great Depression, financial industry lobbyists — still among the most influential in Washington — are pulling out the stops to keep the various segments of the financial services industry united in opposing any meaningful regulatory reform.

These lobbyists and the large banking and Wall Street interests behind them oppose the establishment of a sound and uniform approach to the basic regulation of mortgage markets, where the established regulatory infrastructure's failure was most glaring.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.