US seeks more regulations for mortgage brokers, financial institutions ...
Story date: 2008-03-13 07:53:00
Added on: 2008-03-13 10:51:16
Forbes - ... Federal Reserve would soon issue new rules that would protect consumers, including by mandating more disclosure about the nature of mortgage loans. This would include more clarity on the real costs of a loan throughout its life, such as when rates ...
Read more...
Related Stories:
-
US Fed proposes changes to mortgage lending rules
Reuters - The Fed's Board of Governors voted 5-0 to issue the rules that would apply to all mortgage lenders, including those...
2007-12-18 11:05:00 -
Fed to tighten up lending rules
CNN Money - For example, a lender might pay brokers 1 percent of the loan amount for every half point of interest...
2007-12-17 11:49:00 -
Fed plans new rules to protect future homebuyers (INO News)
(AP:WASHINGTON) In an effort to prevent a repeat of the current mortgage mess, Federal Reserve chairman Ben Bernanke says the Fed next...
2008-07-08 06:48:03 -
Rules will shield appraisers from lender pressure (Long Beach Press-Telegram)
In all the chatter these days about mortgage reform, the new rules for appraisers aren't getting a lot of attention. ...
2008-04-05 06:01:43 -
Proposed mortgage rules face hurdles (Los Angeles Times)
Democrats' bill would tighten loan standards. Lenders warn of costs. Democrats introduced legislation Monday that would tighten an array...
2007-10-22 09:53:40 -
New Mortgage Rules May Lower Costs - Wall Street Journal
The Department of Housing and Urban Development announced long-awaited rules aimed at helping Americans shop for mortgages more effectively but said it...
2008-11-12 12:10:00 -
Fed to Clamp Down on Exotic and Subprime Loans (NYTimes.com via Yahoo! Finance)
Ben S. Bernanke said the Fed would issue new lending rules next week, and may extend its temporary financial lifeline to...
2008-07-08 05:36:38 -
Fed plans revamp of mortgage rules
Financial Times - Most of the rules create obligations for mortgage lenders rather than the brokers, as these larger institutions have a...
2007-12-18 01:07:00