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U.S., banks near a plan to freeze subprime rates
- Source :
- Wall Street Journal. Europe. Nov 30, 2007, A1
- Publication Year :
- 2007
-
Abstract
- Negotiations between the US government and financial institutions may result in a temporary lock on certain subprime home loan interest rates. This move is expected to ease mortgage holders' and mortgage banks' financial problems and stall rate of home foreclosures.
- Subjects :
- Interest rates -- Laws, regulations and rules
Interest rates -- Negotiation, mediation and arbitration
Mortgage banks -- Prices and rates
Mortgage banks -- Negotiation, mediation and arbitration
Banking law -- Interpretation and construction
Subprime loans -- Prices and rates
Subprime loans -- Laws, regulations and rules
Domestic economic assistance
Government regulation
Company pricing policy
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.171940225