© 2023 90.7 WMFE. All Rights Reserved.
Public Media News for Central Florida
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Fed Moves to Fix Mortgage Crisis

The Federal Reserve proposes regulations to combat predatory lending. The new rules would only affect future mortgages. The plan is already under fire from critics who wanted more aggressive action and charge the Fed has been slow to address problems in the subprime mortgage market.

Debbie Goldstein, vice president at the Center for Responsible Lending, speaks with John Ydstie.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

90.7 WMFE relies on donors like you. Your support allows us to provide independent, trustworthy journalism and fact-based content. Show your support today by contributing on a monthly basis or making a single online donation.