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Volume 2010 - Number 17

August 20, 2010

Fed Proposes New Rules for Reverse Mortgages

The Federal Reserve this week proposed tough new rules for reverse mortgages as well as additional disclosure requirements for the mortgages as part of a revision of its Regulation Z. The Fed said the proposed rules for reverse mortgages were necessary because disclosures alone were not sufficient to protect borrowers from...

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The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

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