(Reuters) - WASHINGTON, June 28 - U.S. bank regulators have
agreed on new standards for subprime mortgage loans and are
prepared to release it Friday, several sources familiar with
the matter said Thursday.
The five regulators released a draft of the guidance in
early March, and have been consulting both internally and
externally on how to refine the standards that will guide how
depository lenders make loans to borrowers with damaged
credit.
Read more at Reuters.com Bonds News
agreed on new standards for subprime mortgage loans and are
prepared to release it Friday, several sources familiar with
the matter said Thursday.
The five regulators released a draft of the guidance in
early March, and have been consulting both internally and
externally on how to refine the standards that will guide how
depository lenders make loans to borrowers with damaged
credit.
Read more at Reuters.com Bonds News
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