Posts with tag mortgage rules

Among the most hotly contested ideas that bank regulators have proposed to reduce the risk of another financial crisis is a rule making a 20 percent down payment mandatory on some new home loans. Consumer advocates, civil rights groups and lending industry groups alike have said that such a rule would deter many families... Continue Reading »

This week starts a showdown on mortgage-lending rules. How strong the protections will be for consumers will depend upon how successful lenders are at softening the rules proposed by Congress. Up for grabs are rules for: loan repayment; appraisals; how much skin lenders must have in the game; and suing a lender for fraud... Continue Reading »