financial news: House Panel OKs New Way to Fund Home Mortgages
- 05/03/11 09:50 AM
House Panel OKs New Way to Fund Home Mortgages A bill to create a new market for financing mortgages that would help wean the $10.6 trillion U.S. mortgage market off government support advanced in the House of Representatives Tuesday. The bill aims to establish a market for covered bonds, securities issued by banks and backed by pools of loans. Read more, click here... By: Reuters. CNBC … (1 comments)
House Panel OKs New Way to Fund Home Mortgages
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