Private Lenders to Keep 5 Percent of Risk Under New U.S. Rules

Wednesday, March 16th, 2011

Private lenders will be required to keep at least a 5 percent stake in loans they package and sell under an agreement reached by House and Senate lawmakers who are negotiating the financial-regulatory bill.

Feds put up $1 billion more for mortgage relief

Tuesday, March 15th, 2011

Congress has just come up with an extra $1 billion to help people who can’t pay their mortgage because of unemployment or a medical problem.