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House Votes to Tighten Controls on Lenders

But Senate deadlock could keep bill tied up for months

By Colleen Barry,  Newser Staff

Posted Nov 16, 2007 4:29 AM CST

(Newser) – The House has passed a bill intended to protect mortgage borrowers by imposing stricter regulations on lenders. But it's unlikely it will become law before the new year, given the Senate's problem passing a less controversial bill that also aims to mitigate the subprime lending...   Read full story »

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