News & Events

News & Events

1.2.2008

Federal Reserve Proposes New Mortgage Regulations — Public Comment Period Begins

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Responding to increasing pressure from the financial sector and lawmakers, on December 18, 2007, the Federal Reserve released a lengthy proposal that is expected to significantly impact a wide array of mortgage lending practices. The new regulations are expected to be enacted largely as proposed, but a three-month public comment period may have some influence on the details. View full article (PDF).