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Confounded

Federal Mortgage Reform Unlikely In 2007

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http://www.forbes.com/feeds/ap/2007/06/07/ap3799996.html

"Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldn't count on help from Washington this year."

"On the regulatory front, the Fed has scheduled a June 14 hearing about whether to take action under a 1994 law that gives it authority over deceptive mortgage practices by any lender, not just federally regulated banks."

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