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PBS NewsHour  New Mortgage Regulations Require Proof of Ability to Repay

New Mortgage Lending Regulations Require Proof of Borrower's Ability to Repay Details

 

Program: PBS NewsHour

Episode: New Mortgage Regulations Require Proof of Ability to Repay

A new set of federal guidelines on mortgage lending has been released in efforts to protect banks and potential homeowners from the risky practices that caused the 2008 housing crisis and economic collapse. Margaret Warner talks to Richard Cordray, director of the recently-established Consumer Financial Protection Bureau.

Duration: (7:27)
Premiere Date: 01/10/2013
Episode Expires: Never
TV Rating: E


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