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Archive Home > 2008 > July > 15 > Fed rules target abusive lending

Fed rules target abusive lending


July 15, 2008

WASHINGTON — After moving Sunday to quell growing doubts about the stability of housing giants Freddie Mac and Fannie Mae, the Fed on Monday adopted new rules to protect homebuyers from shady mortgage-lending practices. The new rules will protect homebuyers from deceptive, unfair and....

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