FDIC Presses Fed to Use HOEPA to Regulate All Subprime Mortgage Lenders, Pushes for Minimum National Standards
July 19, 2007
The FDIC this week put added pressure on the Federal Reserve by urging the Fed to use its authority to regulate all subprime lenders. Additionally, the FDIC called for minimum national standards on subprime lending that would allow states to innovate...