Essay: Stakeholders in the Mortgage Industry

Sample Essay – Mortgage industry

The mortgage industry in the United States of America and other parts of the world is very complex. Different regions would most likely have relatively different stakeholders in the industry (Steven, 2010). However, despite the rifts and differences in the categories and personalities making up the mortgage industry stakeholders, it is very important that proper planning is done to ensure that all sorts of investments lead to faster and more efficient market transformation.

Market transformation requires input from all stakeholders in order for the results of the efforts and resources invested in ensuring a better and more trustworthy industry to be realized. Stakeholder input could come from diverse categories due to the fact that the global market is very big, thus the dire need for proper management and planning.

To begin with, various governments and government-related agencies should ensure that they facilitate the formulation of proper laws that would safeguard the coexistence of the mortgage industries and other industries without conflicts of interest arising.

Different governments should also offer funds for the industry to be reinvented and the existing ills fully addressed. Additionally, the government of the United States of America, in collaboration with other nations’ governments, could set up task forces in order to investigate the possible solutions to the current problems facing the Mortgage Industry.

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