Thursday, March 28, 2024
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Tags NRSA

Tag: NRSA

32 Cali groups ask Federal Reserve to do more to prevent...

As the foreclosure crisis worsens, the Federal Reserve Board (the Fed) is proposing rules to restrict abusive mortgage lending practices. While this is a good step, 32 California groups assert that not enough is being done to help working families and their neighborhoods, encouraging stronger rules to protect families from being sold loans they cannot afford.