Banks are somewhat confident in safe harbor from homeowner litigation | Waccabuc Real Estate

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

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.

Click here to read the full story.

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