(Reuters) - Traders will listen for any suggestions from lawmakers
indicating they envision new waves of legislation to regulate
the credit industry, which many blame for loose practices that
led to the meltdown of the subprime mortgage sector.
Regulators, including the Federal Reserve Board, announced
on Tuesday their latest effort to come to grips with subprime
in a plan to conduct joint consumer-protection reviews of
non-depository sub-prime mortgage lenders. See
[ID:nN17237094].
Read more at Reuters.com Bonds News
indicating they envision new waves of legislation to regulate
the credit industry, which many blame for loose practices that
led to the meltdown of the subprime mortgage sector.
Regulators, including the Federal Reserve Board, announced
on Tuesday their latest effort to come to grips with subprime
in a plan to conduct joint consumer-protection reviews of
non-depository sub-prime mortgage lenders. See
[ID:nN17237094].
Read more at Reuters.com Bonds News
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