WASHINGTON (Reuters) - The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing. The deal, announced last month and filed on Monday in federal court in Washington, D.C., requires five major banks to help struggling borrowers
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Government details mortgage pact, promises tough oversight
Posted by mortgage 71 days ago (Editorial)
Feds promise tough oversight in mortgage deal
Posted by mortgage 71 days ago (Editorial)
The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing.
Investors May Lose as Congress Saves Money on Adviser Oversight
Posted by mortgage 330 days ago (Editorial)
Congress may hand oversight of almost 12,000 investment advisers to Wall Street?s self-funded regulator as a cost-saving measure. The price could be paid by investors.
New Consumer Agency Would Revamp Mortgage Oversight (Nasdaq)
Posted by mortgage 1064 days ago (http://us.rd.yahoo.com)
WASHINGTON -(Dow Jones)- A proposed new consumer protection agency would have vast powers to overhaul U.S. mortgage lending practices, upending current federal rules aimed at protecting home buyers.
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