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Saturday, October 1, 2022

U.S. lawmaker plans law to curtail risky mortgages

CAMBRIDGE, Massachusetts (Reuters) - A powerful U.S. lawmaker said on Monday he is preparing a broad package of legislation that would promote stability in the mortgage market by limiting future subprime lending, and would also take on executive compensation and limit systemic risk.
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CAMBRIDGE, Massachusetts (Reuters) – A powerful U.S. lawmaker said on Monday he is preparing a broad package of legislation that would promote stability in the mortgage market by limiting future subprime lending, and would also take on executive compensation and limit systemic risk.

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