Jul 17
Delivering comments at the FDIC’s Minority Depository Institutions
National Conference in Chicago, Fed Governor Randall Kroszner said the
Fed’s new rules on mortgages would alleviate pressures
in nearly the entire subprime sector and some other
alternative mortgage markets.
“At the core of our program, we have implemented a series of web-based
modules designed to assist banks in addressing three distinctive
development stages…