Jan 10th 2013 9:45AM
Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out. The new mortgage rules being unveiled Thursday by the Consumer Financial Protection Bureau impose a range of obligations and restrictions on lenders, including bans on the risky... Continue Reading »
Jan 9th 2013 4:15PM
Mortgages resembling the kind of subprime loans that were blamed for the foreclosure crisis are creeping back into the market, leaving some experts and regulators alarmed. The loans give a relatively new twist to seller financing, putting homeownership within reach of borrowers who can't qualify for a conventional... Continue Reading »
Jul 10th 2012 11:00AM
By Blake Ellis NEW YORK -- The Consumer Financial Protection Bureau has proposed rules aimed at protecting more borrowers from getting stuck with mortgages carrying high rates and fees or risky terms. The government's consumer watchdog is seeking to allow more consumers to qualify for the protections offered by the Home... Continue Reading »
