Industry News

Feds, states to coordinate reviews of subprime lenders

Stepped-up policing of consumer protections kicks off in Q4
Published on Jul 18, 2007

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by CareyBot

Federal regulators will coordinate with state agencies to police subprime lenders, including subsidiaries of banks and thrift holding companies and the mortgage brokers they work with. Under a pilot program announced Tuesday, the Federal Reserve, the Office of Thrift Supervision ...