Efforts to reform US banking after the worst financial crisis since the Great Depression fall short because they don’t empower risk managers, according to Cliff Rossi, who held that job at three of the country’s largest mortgage lenders that helped fuel the housing boom.
Financial reform seen lacking ‘cover’ for risk managers
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With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
