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An Analysis of the Fed’s Plan to "Curb Shady Mortgage Practices"

by Tom Koziol | July 18, 2008

In a July 14, 2008 AP article titled: Fed adopts plan to curb shady mortgage practices , Fed chairman Ben Bernanke is quoted as saying:

“Although the high rate of delinquency has a number of causes, it seems clear that unfair or deceptive acts and practices by lenders resulted in the extension of many loans, particularly [...]

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