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no more bypassing the 5 yr loan and paying 40 to 50% DP anymore
Not old news leh but seems like MAS going to do something finally? Will this reduce the demand???
By DAN FITZPATRICK and VICTORIA MCGRANE Some very large banks are clashing with the Federal Reserve over how much detail the central bank will reveal about them when it releases the results of its latest stress test. The 19 biggest U.S. banks in January submitted reams of data in response to regulators' questions, outlining how they would perform in a severe downturn. Now, citing competitive concerns, bankers are pressing the Fed to limit its release of information