Tuesday, October 6, 2009

Home equity loans

New Federal Reserve Rules for Home Mortgage loans
Last July the Federal Reserve approved final rules�regarding Home mortgage loans that�took effect October 1, 2009. The rules are designed to better protect consumers by facilitating responsible Home mortgage lending by banks, mortgage companies�and mortgage brokers%26hellip; something that wasn't done during the go-go years of the housing bubble. The final rule amends Regulation Z (Truth in [...]

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