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New Consumer Protection Agency To Monitor Lenders

The Massachusetts Public Interest Research Group recently released a report which revealed practices of lenders who offer private or student loans.Pr[...] read more »
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Fed Purchases Of Mortgage Backed Securities To End

The Federal Reserve Bank will discontinue buying mortgage backed securities in March 2010.The Federal Reserve has been actively supporting the treasu[...] read more »
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Unemployed Homeowners Might Receive Assistance

Advocacy groups are meeting with officials from Housing and Urban Development, the Treasury Department and the White House Economic Council. read more »
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FTC Reporting Abusive Debt Collection Tactics

The FTC has received more than 45,000 complaints about debt collectors in the first half of the year, up almost 20% compared to the first six months [...] read more »
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Lenders Resist Making Home Affordable

The Treasury Department announced a total of 31,382 homeowners have received a permanent home loan modification since details of the program were ann[...] read more »
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Reverse Mortgage Option Gaining Momentum, Seniors at Risk

More seniors are applying for reverse mortgages than ever before. This trend is gaining momentum as seniors are finding their retirement nest egg di[...] read more »
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Report Reveals Deceptive Practices of Credit Card Issuers

A new research study just released from The Center for Responsible Lending (CRL) finds credit card companies are working hard to find loopholes in or[...] read more »
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FHA Planning Stricter Loan Requirements

The FHA plans to “hold lenders accountable for their origination quality and compliance with FHA policy”. These planned changes could put more press[...] read more »
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