Wednesday, March 30, 2011

F.D.I.C. Proposes Rule to Tie Banks to Mortgage Risk
For more: http://nyti.ms/gjbVsm
Federal regulators, seeking to outlaw a leading cause of the financial crisis, voted on Tuesday to propose new rules that would prohibit Wall Street banks from selling packages of risky mortgages to investors without holding onto a stake in the loans.

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