U.S. regulators unveil plan to revamp mortgage rules
Story date: 2008-03-13 01:44:00
Added on: 2008-03-13 15:00:53
CNBC - Chris Low, an economist with FTN Financial Capital Markets, said in the short run the recommendations, if implemented, could make it harder for people with marginal credit to refinance existing mortgages and so worsen the situation.
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