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Skepticism Meets Reform Bill

A federal bill that cracks down on predatory lending and enforces new liabilities on investors that securitize home loans, has been met with mixed reaction from industry insiders.

"The Mortgage Reform and Anti-Predatory Lending Act of 2007", sponsored by Reps. Brad Miller (D-N.C.), Mel Watt (D-N.C.) and Barney Frank...

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