(AFX UK Focus) 2009-04-29 21:45 UPDATE 1-US Congressional panel passes mortgage reform (Interactive Investor)
Posted on April 29th, 2009 by Mortgage Refinancing News
WASHINGTON, April 29 (Reuters) - The top financial panel of the U.S. House of Representatives on Wednesday passed legislation that will increase regulation of the mortgage industry and offer borrowers more protections. Under the legislation, mortgage finance companies would be forced to hold some default risk and would not be permitted to pass all the costs of failing loans onto Wall Street and ...
Filed under: Mortgage Refinancing News
