Posts Tagged ‘Senate’
Senate, House financial overhaul targets lending practices of mortgage crisis
May 28th, 2010Senate, House financial overhaul targets lending practices of mortgage crisis Tucked into the landmark financial legislation making its way through Congress are little-publicized provisions aimed at preventing a repeat of the mortgage meltdown that ultimately doomed global financial markets. Subprime mortgage crisis – Mortgage – Business – United States – Financial Services Read more on [...]
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Senate votes to bar mortgage kickbacks, liar loans
May 15th, 2010Senate votes to bar mortgage kickbacks, liar loans The Senate on Wednesday voted to end mortgage kickbacks and so-called “liar loans,” two lending practices that played a role in the meltdown of the subprime mortgage market. Read more on Reuters via Yahoo! News
Tags: kickbacks, liar, loans, Mortgage, Senate, VotesPosted in News | Comments (0)
Senate Votes to Rein in Mortgage Lenders
May 12th, 2010Senate Votes to Rein in Mortgage Lenders Taking aim at deceptive lending, the U.S. Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay for offering higher interest rates on loans, and to require that borrowers prove they can repay their loans. Read more on Fox News
Tags: Lenders, Mortgage, Rein, Senate, VotesPosted in News | Comments (0)