FDIC Consumer News – Summer 2009 – Mortgages: Attention, Shoppers!


New Rules Will Help You Get a Fair Deal – Shopping for a mortgage can take time and effort. And choosing the wrong mortgage can be costly — in the worst cases, leading to the loss of your home if you can’t afford the payments. But new consumer protections from the federal government — a mix of prohibited lending practices and new disclosures — will increase the likelihood that people will find a fair mortgage they can afford for years to come. Here is an overview. (Audio only)

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