UPDATE 1-US federal, state bodies to review subprime lenders

(Reuters) - The effort, announced by the Federal Reserve Board, the
Office of Thrift Supervision, the Federal Trade Commission and
two associations of state regulators, aims to ensure better
evaluation and more consistent assessment of subprime mortgage
lending practices.




The regulators will evaluate selected companies'
underwriting standards, as well as risk-management practices
used for ensuring compliance with state and federal consumer
protection laws such as the Home Mortgage Disclosuure Act and
the Home Ownership Equity Protection Act.


Read more at Reuters.com Government Filings News

Federal, state bodies to review subprime lenders

(Reuters) - The effort, announced by the Federal Reserve Board, the Office of Thrift Supervision, the Federal Trade Commission and two associations of state regulators, aims to ensure better evaluation and more consistent assessment of subprime mortgage lending practices.



)


Read more at Reuters.com Government Filings News

Whole Foods CEO panned Wild Oats in Web postings

(Reuters) - Company CEO John Mackey posted messages on a Yahoo! financial forum under the user name "rahodeb," according to a court document filed by the U.S. Federal Trade Commission and postings on Yahoo!




Mackey's messages painted a bright future for Whole Foods, the largest U.S. natural and organic grocer, and downplayed the threat posed by competitors.


Read more at Reuters.com Mergers News