Rebates to mortgage brokers rile regulators

Part 2: Can Fed curb abusive lending?
Published on Feb 11, 2008

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by CareyBot

(This is Part 2 of a three-part series. Read Part 1, “New mortgage underwriting rules will be tough to enforce.”) Last week, I criticized the Federal Reserve Board’s proposed rule to prohibit lenders from making loans that were not affordable, ...