Sentence examples for lending requirements from inspiring English sources
Shelby's legislation also would ease some new mortgage lending requirements and make changes at the Federal Reserve, such as requiring the president of the Federal Reserve Bank of New York be nominated by the president and confirmed by the Senate instead of appointed by the bank's board.
Meanwhile, he said, banks have yet to loosen their stringent lending requirements.
Looser lending requirements could bolster house prices but also exacerbate falls if borrowers needed to sell during times of distress.
I think Fannie Mae and Freddie Mac should raise lending requirements in certain areas that look frothy.
Of course, a number of other factors can also impede a closing -- especially considering the industry's tighter lending requirements.
But lending requirements are strict even for people with an existing mortgage who have no problem making their current payments.
While their American counterparts were loading up their books with risky mortgages, Canadian banks maintained their lending requirements, largely avoiding subprime mortgages.
Ms. Gaff said some documents indicate that the mortgage broker who arranged the loan may have violated truth-in-lending requirements.
The findings have implications for today's political debates over housing, banking and financial regulation, as well as civil rights, as Congress seeks to weaken the government's ability to enforce fair-lending requirements.
The Senate on Wednesday passed a sweeping bill to weaken the government's ability to enforce fair-lending requirements, making it easier for community banks to hide discrimination against minority mortgage applicants and harder for regulators to root out predatory lenders.
Exempting small banks from the mortgage data requirement would weaken the government's ability to enforce fair-lending requirements, making it easier for community banks to hide discrimination against minority mortgage applicants and harder for regulators to root out predatory lenders, consumer advocates say.
