Treasury report on U.S. financial system recommends extensive mortgage lending reforms

The U.S. Treasury Department recently issued a report titled “A Financial System That Creates Economic Opportunities-Banks and Credit Unions.”  In addition to recommended changes for the CFPB, the report devotes substantial attention to the residential mortgage industry. The report cites the size of the housing market, contributing approximately 18% to U.S. GDP, and constituting a... Continue Reading…...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2trRCjJ
via IFTTT