Fed chief calls for new mortgage rules

Story date: 2007-09-20 11:56:00
Added on: 2007-09-20 15:39:30

International Herald Tribune - We are looking closely at some mortgage lending practices, including prepayment penalties, escrow accounts for taxes and insurance, stated-income and low-documentation lending and the evaluation of a borrower's ability to repay." Prepayment penalties ...


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