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Fed to propose consumer protections in mortgage regulations

Story date: 2007-12-15 03:55:00
Added on: 2007-12-17 21:35:49


Kansas City Star - ... or banning prepayment penalties on high-cost loans, guidelines on how lenders should determine repayment ability, limits on the use of low-documentation loans, and requiring the inclusion of escrow for taxes and insurance in subprime mortgage payments


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