TITLE

Regulators Look for Answers

AUTHOR(S)
Bizouati, Yaël
PUB. DATE
April 2007
SOURCE
Investment Dealers' Digest;4/2/2007, Vol. 73 Issue 13, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24605923

 

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