Wall Street Gains New Weapon In Battle Against Homeowners

Wall Street Gains New Weapon In Battle Against Homeowners

As regulators complete new mortgage rules, banks are about to get a significant advantage: protection against homeowner lawsuits.

The rules are meant to help bolster the housing market. By shielding banks from potential litigation, policy makers contend that the industry will have a powerful incentive to make higher quality home loans.

Popular in the Community

Close

What's Hot