OCC Chief Calls For Mortgage Underwriting Standards

19 Nov 2009

John Dugan, the U.S. Comptroller of the Currency, has called on regulators around the world to set minimum underwriting standard for mortgages “to keep lenders from risking too much loss to both themselves and their customers.”

John Dugan, the U.S. Comptroller of the Currency, has called on regulators around the world to set minimum underwriting standard for mortgages “to keep lenders from risking too much loss to both themselves and their customers.” In a speech to a banking an finance seminar in Tokyo, Dugan ...

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