The Federal Reserve’s top regulator cited the financial crisis of 2008 repeatedly in a speech about the merits of new risk-capital standards — proposals that have drawn unprecedented fire from banking trade groups and members of Congress.
https://www.nationalmortgagenews.com/news/feds-barr-frames-capital-reform-as-final-chapter-of-dodd-frank
Refi potential spreads as average borrower rates rise
Nearly one-quarter of borrowers now have a rate above 5% as households in this category grow and...
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