[...]the market ultimately determines interest rates. With the new regulation, you instead make your credit card payment but miss your mortgage payment, a widely observed transformation in the traditional American delinquency pattern. [...]the comptroller's apparently small change in regulations had the unintended effect of causing some mortgage borrowers to default.
- Federal Government,
- Federal Reserve,
- Subprime mortgage
Available at: http://works.bepress.com/jeffrey_hummel/61/