The Federal Reserve Board today made some significant changes to an earlier proposed rule in approving final revisions implementing the Truth in Lending Act and the Home Ownership and Equity Protection Act to protect consumers from unfair, abusive, or deceptive lending and servicing practices while preserving responsible lending and sustainable homeownership. The final rule which the...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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