Regulators Look for Answers

Bizouati, Yaƫl
April 2007
Investment Dealers' Digest;4/2/2007, Vol. 73 Issue 13, p7
Trade Publication
The article focuses on the slack performance of the subprime mortgage market in the U.S. With this trend, regulators are urging more legislation that could strengthen it. This was initiated by representative Carolyn Maloney who held a hearing on subprime and predatory lending. During the hearing, it was highlighted that the Congress should take measures and set standards for underwriting and marketing of subprime adjustable mortgages.


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