Government Consumer Watch Dog Inks New Mortgage Rules

New mortgage rules could hinder consumers with less-than-perfect credit.

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Although myriad other factors stand in the way of more mortgage lending—including stricture bank capital requirements and general economic conditions—regulators are hopeful that with more certainty, the pendulum in the mortgage market will swing once again. This time not to the extremes of feast or famine, but to a sustainable middle ground.

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