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For those banks who didn’t play by the rules, we have no sympathy

July 20, 2008
TIMES-REPUBLICAN

Members of the Federal Reserve Board plan to issue new regulations for mortgage bankers. Though we're certain the Fed will use reams of paper and lengthy e-mail messages to get the word out, the new rules could be boiled down to a single sentence: Don't shoot yourselves in the feet.

 
 
 

 

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