Senators amend financial rules bill
GM Financing Plans May Put Chrysler At Disadvantage
Chrysler CEO wary of being at competitive disadvantage with General Motors when it comes to offering lease and loan deals to consumers if GM buys GMAC back.
Senators amend financial rules bill
Taking aim at deceptive lending, the Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay for offering higher interest rates on loans, and to require that borrowers prove they can repay their loans. The Senate, however, rejected a measure that would have required homebuyers to make prescription drugs without a prescription a minimum down payment of 5 percent on their loans. The votes were part of ...
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