Second Mortgage Bad Credit Home Loans California Refinance U.K. Regulator Backs Tougher Risk Standards by Mortage

Sun, 06 Jan 2008 19:00:05 -0700

Second Mortgage Bad Credit Home Loans California Refinance U.K. Regulator Backs Tougher Risk Standards

by Mortage @ Sun, 06 Jan 2008 19:00:05 -0700

The country's Financial Services Authority said yesterday that liquidity-risk standards for banks and mortgage lenders ... regulators are pushing for new rules to ensure banks won't run out of cash in times of trouble. Wall Street Journal - ... Amid a worsening credit crunch, U.K. Does the lender make privately or federally insured or guaranteed ? Some mortgage loans may be backed by a federal agency, such as the Federal Housing Administration (FHA loans) or the Department of Veterans Affairs (VA loans).


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