New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending.
New Rules On Banks' Risk In Mortgage Bonds Eased
Associated Press, San Diego Union-Tribune Nation
Tue, 10/21/2014 - 7:32am
BING NEWS:
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The UK base rate of interest is once again holding at 5.25 per cent, the Bank of England has announced today.The Bank’s Monetary Policy Committee has voted to hold the rate for the sixth time.Starting ...
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Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say ...
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"Rising interest rates mean higher monthly mortgage payments for buyers. This limits how much money they can borrow, affecting both first-time buyers and those facing increased mortgage costs," says ...
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