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Ability Pay 475 Pages - Politics, Business, Civil, History - Posted: 22nd Apr, 2011 - 10:30pm
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Post Date: 22nd Apr, 2011 - 10:30pm / Post ID: #
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Ability to pay in 475 pages
Ability to pay in 475 pages
Mortgage News
Four hundred seventy-five pages.
That's the length of the Federal Reserve's latest notice of a proposed rule to implement a federal law that says lenders must determine whether a borrower has the ability to repay a mortgage.
The issue of whether a borrower can repay a loan is naturally somewhat tricky.
But 475 pages
That's longer than most novels, and
Source: Bankrate.com » Mortgages
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TOPIC: Ability to pay in 475 pages