You are here: Mortgage News Home » Mortgage News Archive » 2007 » 11 » 13

RSS Feed

New rule will boost banks, Fed gov says

Story date: 2007-11-13 12:30:00
Added on: 2007-11-13 19:00:29


CNBC - The new rule will require banks to calculate specific risks for different loans within the same class of credit. For example, banks would be required to assign greater risk and reserve more capital for mortgage loans to borrowers with weak credit ...


Read more...





Related Stories: