New US mortgage broker rules target risky loans
WASHINGTON, Jan 18 (Reuters) - New rules that aim to eliminate incentives for mortgage brokers to push unsafe loans were announced on Friday by U.S. consumer regulators, but they backed away from a rule that would have required lenders to offer borrowers a loan option without extra fees.
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here