US regulators, lenders may opt for five-year freeze on subprime rate

Story date: 2007-12-05 11:28:00
Added on: 2007-12-05 18:00:20

Economic Times - WASHINGTON: Federal regulators and US lenders are focusing on five years as the duration of an interest-rate freeze on subprime mortgages, said a person familiar with negotiations aimed at fending off a jump in foreclosures. Such an agreement would ...


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