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Feds Outline New, Tougher Credit Rules

Paulson pushes stricter standards for mortgage lenders

By Jim O'Neill,  Newser User

Posted Mar 13, 2008 6:51 AM CDT

(Newser) – A panel led by Treasury Secretary Henry Paulson is seeking a major overhaul of rules affecting mortgage lenders and a credit market decimated by risky subprime loans and loose oversight, the Wall Street Journal reports. Among panel recommendations to be released today:

  • Strengthen mortgage lender
...   Read full story »

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