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Risks From Nontraditional Mortgage Products Subject of Interagency Guidance  Banking and Savings Institutions


Author:  John Ensminger.


Source: Volume 20, Number 03, January/February 2007 , pp.39-43(5)




Journal of Taxation and Regulation of Financial Institutions

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Abstract: 

The expansion in these products, and the fact they are being offered to borrowers who often would not qualify for more traditional mortgages, has led to concerns that borrowers do not understand the products, that

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