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Bies says U.S. lenders should tighten standards
(Reuters)
| Bies says U.S. lenders should tighten standards (Reuters) |
|
Reuters - Federal Reserve Governor Susan Bies
said on Thursday looser underwriting standards were partly
responsible for recent rises in late mortgage payments and that
lenders should tighten risk management practices. Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20070111/bs_nm/usa_fed_bies_dc. |
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