Relevant financial institutions and examining personnel were asked to submit their comments about proposed guidance discussing "the importance of carefully managing the potential heightened risk levels created by" nontraditional loan products, such as interest-only loans and adjustable rate mortgages with payment options. Several respondents commented on the lack of secondary marketing guidance and hoped the agencies would address it more thoroughly in their final issuance -- with most agreeing that a guidance from the agencies was welcomed.
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Nontraditional Loan Regulation & the Secondary Market 
