(Reuters) - WASHINGTON, Aug 3 - The U.S. Office of Thrift
Supervision on Friday asked for comment on how to address
"unfair and deceptive acts or practices" associated with
lending products.
The proposal comes at a time when U.S. banking authorities,
including the Federal Reserve, have been criticized for
responding too late to problems in home loans made to borrowers
with poor credit histories, so-called subprime loans.
Read more at Reuters.com Bonds News
Supervision on Friday asked for comment on how to address
"unfair and deceptive acts or practices" associated with
lending products.
The proposal comes at a time when U.S. banking authorities,
including the Federal Reserve, have been criticized for
responding too late to problems in home loans made to borrowers
with poor credit histories, so-called subprime loans.
Read more at Reuters.com Bonds News
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