New rules aim to make mortgages safer

Federal officials denounced new debt manners on Thursday meant to revoke unsure lending and make it easier for borrowers to know accurately what they are removing into.

The aim is to keep lenders from arising loans to borrowers who can’t means to compensate them off.

“When consumers lay down during a shutting table, they shouldn’t be set adult to destroy with mortgages they can’t afford,” pronounced Richard Cordray,

Read full article: http://www.cnn.com/2013/01/07/opinion/frum-marijuana-risk/index.html

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Source:
http://www.ezonearticle.com/2013/01/09/new-rules-aim-to-make-mortgages-safer/