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Home » Store » News » Booming Market in ‘Alternative’ Mortgages Draws Closer Scrutiny

Booming Market in ‘Alternative’ Mortgages Draws Closer Scrutiny

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The expanding alternative mortgage market is attracting more regulatory scrutiny that could dampen some of the profitable lending niches in today’s market. Federal banking regulators are several weeks away from issuing new guidelines on the safe handling of potentially risky mortgage products such as option ARMs and interest-only payment plans. …
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