Top U.S. financial regulators say they are open to making big changes to a mortgage rule proposed nearly two years ago to ensure consumers can get home loans. At issue is a regulatory proposal from 2011 that outlines new standards for high-quality mortgages. These loans would be exempt from new requirements that banks keep some of the risk on their books when they sell mortgage-backed securities. In recent weeks, banking industry groups and lawmakers have started to push to make this rule conform to another rolled out by the Consumer Financial Protection Bureau last month that are designed to ensure that consumers can afford to repay their mortgages.
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