| Part Of Washington Journal
Washington Journal
Report Video IssueWashington Journal
Mortgage Rules and Debt Restrictions
2011-06-11T07:54:38-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZWU1XC8yOTk5OTEtMDMtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Dina Elboghdady talked about proposed tougher debt restrictions on mortgages, credit cards, and auto and student loans. The changes would also limit mortgage payments to no more than 28 percent of borrowers' gross monthly income. The debt restrictions include a requirement that borrowers have a 20 percent down payment to qualify for the cheapest mortgages. Ms. Elboghdady also responded to telephone calls and electronic communications.
Dina Elboghdady talked about proposed tougher debt restrictions on mortgages, credit cards, and auto and student loans. The changes would al…
read more
Dina Elboghdady talked about proposed tougher debt restrictions on mortgages, credit cards, and auto and student loans. The changes would also limit mortgage payments to no more than 28 percent of borrowers' gross monthly income. The debt restrictions include a requirement that borrowers have a 20 percent down payment to qualify for the cheapest mortgages. Ms. Elboghdady also responded to telephone calls and electronic communications. close
Dina Elboghdady talked about proposed tougher debt restrictions on mortgages, credit cards, and auto and student loans. The changes would al… read more
Dina Elboghdady talked about proposed tougher debt restrictions on mortgages, credit cards, and auto and student loans. The changes would also limit mortgage payments to no more than 28 percent of borrowers' gross monthly income. The debt restrictions include a requirement that borrowers have a 20 percent down payment to qualify for the cheapest mortgages. Ms. Elboghdady also responded to telephone calls and electronic communications. close
Purchase a Download
Mortgage Rules and Debt Restrictions
-
MP4 video - Standard
- Price:
- $4.99
-
MP3 audio - Standard
- Price:
- $0.99
Related Video
-
Open Phones
Telephone lines were open for comments on a Senate amendment vote that would delay the implementation of a limit on debi…
-
2010 Financial Regulations Law Anniversary
David Clarke talked about the 2010 financial regulations law on the anniversary of its passage, and he responded to tele…
-
Open Phones
Telephone lines were open for comments regarding “Bank Transfer Day,” a national effort to encourage consumers to switch…
-
Mortgage Industry and Foreclosure Crisis
Mark Stevens talked about Obama administration initiatives to address the foreclosure crisis. He responded to telephone …