Federal Financial Regulatory Agencies issued on Thursday Final Guidance on Nontraditional Mortgage Product Risks.
Dow Jones reports that it expects these results to be benign.
On the other side of the fence, Marketwatch came out today with a scathing Regulators Crack Down on Exotic Mortgages,a me too of Business Week's lurid Nightmare Mortgages, but reading the Fed's report as a "Crack-Down".
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