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Home » Store » News » Most Thrifts Manage Alt Loans Well, OTS Says

Most Thrifts Manage Alt Loans Well, OTS Says

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The average thrift appears to be doing a pretty good job of managing the risks associated with its alternative mortgage products, the head of Office of the Thrift Supervision suggested in a recent speech. Still, the regulator has repeated warnings that lenders should move cautiously in the nontraditional loan sector, particularly if they have never dealt with such assets before. “It is our experience that thrifts specializing in mortgage lending...
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