Wednesday, June 13, 2007

Feds, states to cooperate on mortgage brokers

(Reuters) - Dugan said in prepared remarks for a House Financial Services Committee hearing on consumer protection that the coordinated effort is in its early stages and limited in scope.




The congressional hearing comes almost two months after the Supreme Court issued a decision that blocked state efforts to enforce strict consumer protection laws applying to mortgage units of national banks.


Read more at Reuters.com Bonds News

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