Source: http://EzineArticles.com/7457450
Sunday, February 24, 2013
New Mortgage Rule Aims to Protect Borrowers - USA Today
A new federal rule on home loan lending will give consumers more protection against risky mortgages, the government says, but it isn't immediately expected to make mortgages easier to get. The Consumer Financial Protection Bureau today adopted the rule, which it says spells out what lenders must do to ensure that borrowers can afford their mortgages.
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