News Formal

Yellen urges action to curb US mortgage market risks

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities. On Friday, Yellen said further action is needed to promote sound operations and address liquidity and other risks.

US Secretary of the Treasury Janet Yellen said vulnerabilities of nonbank mortgage companies can undermine financial stability. Photo: Anna Moneymaker / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/FileUS Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities.

On Friday, Yellen said further action is needed to promote sound operations and address liquidity and other risks. Widespread disruption in the mortgage market, Yellen noted, could"lead to a temporary restriction of mortgage credit," making credit harder to obtain for certain borrowers.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 10. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Treasury looking at offshore investment changes for South AfricaTreasury says it will be evaluating and researching the impact of recent offshore investment changes, which may affect future moves.
La source: BusinessTechSA - 🏆 24. / 61 Lire la suite »