May 11, 2024, 3:59 p.m. | AFP

Digital Journal www.digitaljournal.com

US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector’s vulnerabilities. “The vulnerabilities of nonbank mortgage companies can amplify shocks in the mortgage market and undermine financial stability,” said Yellen at an open session of a Financial Stability Oversight Council (FSOC) meeting. She added […]


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