(Reuters) - The proposal comes at a time when U.S. banking authorities, including the Federal Reserve, have been criticized for responding too late to problems in home loans made to borrowers with poor credit histories, so-called subprime loans.
The OTS, which regulates more than 800 savings and loan institutions with $1.5 trillion is assets, typically focuses on mortgage lending.
Read more at Reuters.com Government Filings News
The OTS, which regulates more than 800 savings and loan institutions with $1.5 trillion is assets, typically focuses on mortgage lending.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment