{"id":198049,"date":"2007-12-19T00:07:00","date_gmt":"2007-12-19T05:07:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/12\/19\/federal-reserve-to-tighten-lending-regulations\/"},"modified":"2007-12-19T00:07:00","modified_gmt":"2007-12-19T05:07:00","slug":"federal-reserve-to-tighten-lending-regulations","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/12\/19\/federal-reserve-to-tighten-lending-regulations\/","title":{"rendered":"Federal Reserve to Tighten Lending Regulations"},"content":{"rendered":"<p>This good, but I need to say three words: <a href=\"http:\/\/money.cnn.com\/2007\/12\/17\/real_estate\/fed_walkup\/index.htm\">barn door cow<\/a>.<\/p>\n<p>The high points:<\/p>\n<ul>\n<li>Prohibit giving people unaffordable loans.<\/li>\n<li>Restrict use of &#8220;liar&#8221; loans. <\/li>\n<li>Prohibit or limit prepayment penalties. <\/li>\n<li>Curb or better disclose broker incentives. <\/li>\n<li>Require or encourage escrowing of taxes and insurance. <\/li>\n<li>Prohibit coercion of appraisers.<\/li>\n<li>Prohibit loan servicers from engaging in unfair practices.<\/li>\n<li>Require better disclosure overall.<\/li>\n<\/ul>\n<p>Of course, half of these should be done <span style=\"font-weight: bold;\">already<\/span> by anyone who wants to operate for more than a few years and then leave town ahead of the police.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This good, but I need to say three words: barn door cow. The high points: Prohibit giving people unaffordable loans. Restrict use of &#8220;liar&#8221; loans. Prohibit or limit prepayment penalties. Curb or better disclose broker incentives. Require or encourage escrowing of taxes and insurance. Prohibit coercion of appraisers. Prohibit loan servicers from engaging in unfair &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,970,973,1265,985],"tags":[],"class_list":["post-198049","post","type-post","status-publish","format-standard","hentry","category-bubble","category-corruption","category-economy","category-housing-crash","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198049"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198049"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198049\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}