Highlights of the Fedâs Proposed Mortgage Rules
Below are the highlights of the new rules put forth by the Fed in their effort to clean up the mortgage industry. First off, the proposal would establish a new category for most subprime loans referred to as âhigher-priced mortgages.â These are defined as loans whose APR exceeds the yield on Treasury securities of comparable… Read More »Highlights of the Fedâs Proposed Mortgage Rules
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