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Home » Store » News » Clarification Sought on Guideline Application to 2/28 Hybrid ARMs

Clarification Sought on Guideline Application to 2/28 Hybrid ARMs

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Originators of 2/28 adjustable-rate mortgages can expect some clarification from federal regulators soon on whether federal interagency guidelines on nontraditional mortgage lending apply to such products, thanks to concerned Senate lawmakers. Ranking members of...
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