US states to roll out subprime guidance for brokers

(Reuters) - Officials at CSBS, a group representing state regulators,
said so far about 27 states and the District of Colombia plan
to adopt the guidance within 48 hours after it is issued on
Tuesday. No state has indicated that it will not eventually
adopt it, they said.




Last month federal banking regulatory agencies issued
guidance to curtail risky practices blamed for a record level
of home foreclosures, according to the state group.


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