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Regulators To Issue Mortgage Warning
Bank Chief Seeks to Rein In Risky DealsAs the real estate market slows, some mortgage lenders are trying to prop up profits by relaxing lending standards for certain types of loans, endangering borrowers and financial institutions, a top banking regulator said yesterday. Speaking to the New York Bankers Association, John M. Reich, director of the Office of Thrift Supervision, warned that some lenders are making it too easy for unsophisticated borrowers to take on risky nontraditional mortgages that they may not fully understand. * * * But a regulatory crackdown on the loans, known as interest-only and option mortgages, could...
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Breaking News (News/Activism)
- The MAGA/America 1st Memorandum ~~ July 2025 Edition
- Bryan Kohberger to plead guilty to University of Idaho student murders to avoid death penalty: report
- Trump goes to WAR against 'sanctuary city' Los Angeles with major lawsuit
- National Health Care Fraud Takedown Results in 324 Defendants Charged in Connection with Over $14.6 Billion in Alleged Fraud
- Panicked U.N. Calls Aid Crisis Meeting After U.S. Funding Withdrawal
- Woo hoo!! We are now OVER THE TOP!! Well done everyone!! Thank you very much and God bless you all. [FReepathon]
- Canada rescinds tax hitting US tech firms with eye on Trump trade deal
- FIREFIGHTERS AMBUSHED! Couer d'Alene. MASS SHOOTING! Police. Idaho. LIVE.
- REPORT: 6K Iranian Migrants on ICE ‘Non-Detained’ Docket May Soon Face Arrest
- Fatwa Calling for Muslims to Assassinate President Trump Issued by Iranian Ayatollah
- More ...
Front Page News (News/Activism)
- Border Czar Tom Homan confirms a federal investigation is underway into AOC for employing a criminal alien on her congressional staff and instructing them on how to evade ICE
- How Trump Rebuffed D.C. Warmongers With One Surgical Strike Against Iran
- Who is Wess Roley? The Idaho shooting suspect who killed two firefighters in sniper ambush
- ‘I wanted to do something to fight back’: This iPhone app alerts users to nearby ICE sightings
- Protesters in Los Angeles are shifting their tactics as ICE detentions spread fear
- World leaders gather in Seville for UN aid summit amid crisis over US funding cuts
- EPA employees put names to ‘declaration of dissent’ over agency moves under Trump
- Tens of Thousands of “New Voters” Registered to Vote for Mamdani
- Sotomayor says public education is doomed without mandatory gay and trans story hour
- Friends With Benefits: Stacey Abrams Funneled $20 Million to Her Lawyer
- More ...