Tuesday, December 18, 2007

MORTGAGESThe Federal Reserve will propose new mortgage rules tomorrow that would give consumers much greater protection. Under consideration: Voiding subprime borrowers’ prepayment penalties, restricting loans that don’t require proof of income, and improving financial disclosures given to borrowers.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-121707.cfm

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