Bank regulators have agreed on new standards for subprime mortgage loans and are prepared to release their guidance today, Reuters reported yesterday. The guidance will come from the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp., the Office of Thrift Supervision and National Credit Union Administration. The five regulators released a draft of the guidance in early March, and have been consulting both internally and externally on how to refine the standards that will guide how depository lenders make loans to borrowers with damaged credit. The draft called on mortgage lenders to take more care when dealing with less-credit worthy borrowers by assessing whether they can cover long-term payments and warning them about hidden costs.