Archive for July 21st, 2009

Federal Reserve Issues Rule Changes for Home Equity Lines of Credit Closed-End Mortgages

Tuesday, July 21st, 2009

Last week, the Federal Reserve announced they would issuing a new proposal this week under its Truth in Lending Authority that would provide for re-designed disclosures and rule changes for closed-end first and second mortgages and home equity lines of credit (HELOCs), Fed Governor Elizabeth Duke wrote in prepared comments for her testimony scheduled this [...]

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Mortgages on Zillow