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Blog Entries by Zach Carter from 01/2011

Fed Moves To Gut Predatory Lending Regulation

Posted 01.04.2011 | Business
Read More: Foreclosures, Foreclosure Crisis, Wall Street, Predatory Lending, Bank Regulation, Regulation, Banks, Federal Reserve, The Fed, Mortgage Regulation, Mortgage Crisis, Business News

The Federal Reserve is pushing a new mortgage regulation that would effectively eliminate the most powerful federal remedy for predatory lending. Th...

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Honey, I Shrunk The Credit Score

Posted 01.05.2011 | Business
Read More: Credit Score, Credit Reporting, Bank of America, Ffraud, Foreclosure Fraud, Business News

Steven Marks knew he was wasting thousands of dollars every month paying the mortgage on a home he bought during the housing bubble that will never be...

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Fed To Back New Rules To Rein In Home Foreclosure Abuses

Posted 01.05.2011 | Business
Read More: Fdic, Fed, Foreclosures, Occ, Wall Street Reform, Risk Retention, Wall Street, Skin in the Game, Banks, Federal Reserve, Regulation, Obama, Dodd-Frank, The Fed, Mortgage Crisis, Foreclosure Fraud, Fed Foreclosure., Business News

WASHINGTON -- The Federal Reserve has reversed its opposition to new rules reining in foreclosure abuses, and will support stronger regulations on the...

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Community Banks Win By Losing: Inside The K Street Hustle

Posted 01.11.2011 | Business
Read More: Dodd-Frank, Icba, Lobbying, Too Big to Fail, Finreg, Wall Street Reform, Tbtf, Wall Street, Bank Lobby, Banking, Interchange, Swipe Fees, Debit Cards, Business News

WASHINGTON - During the fight over Wall Street reform, community banks were most often pitted against their behemoth rivals. Small banks, which hold g...

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Key Senator Urges Obama To Push Foreclosure Relief In State Of The Union

Posted 01.20.2011 | Business
Read More: Senate, State of the Union 2012, Obama Administration, Jeff Merkley, Obama State of the Union, Senate Democrats, State of the Union, Barack Obama, Foreclosures, Occ, Federal Reserve, Regulation, The Fed, Bair, Servicers, Foreclosure Crisis, Wall Street, Hamp, Banks, Tarp, Business News

WASHINGTON -- Sen. Jeff Merkley (D-Ore.) is urging President Barack Obama to pledge a new round of foreclosure relief during his State of the Union ad...

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Taking Mom And Pop To The Cleaners: How The Small Business Lobby Hurts Small Business

Posted 01.23.2011 | Politics
Read More: Congress, Small Business, Landrieu, Dan Danner, Lobbying, Nfib, Wall Street Reform, Revolving Door, Small Business Jobs Act, Obama, Credit Cards, Citizens United, Stimulus, Grassley, Todd Stottlemyer, Gop, Chamber of Commerce, Health Care, Snowe, DISCLOSE Act, Republicans, Small Business America, Politics News

Throughout Wednesday's House floor debate over the repeal of President Barack Obama's signature health care overhaul, Republicans frequently claimed t...

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Fed Backs Down From Plan To Gut Mortgage Regulation

Posted 01.24.2011 | Business
Read More: Foreclosures, Foreclosure Crisis, Predatory Lending, Cfpb, Rescission, Mortgage Crisis, Federal Reserve, Foreclosure, The Fed, Business News

WASHINGTON -- Following a public outcry from consumer advocates, the Federal Reserve is quietly backing down from a plan to gut the most significant f...

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Banks' Share Of Low-Income Tax Refunds Will Fall This Year, Consumer Advocates Say

Posted 01.28.2011 | Politics
Read More: H&R Block, JPMorgan Chase, Poverty, Earned Income Tax Credit, Treasury, Eitc, Banks, Jackson-Hewitt, Obama, Refund Anticipation Loans, Rals, Politics News

WASHINGTON -- Friday is the Treasury Department's Earned Income Tax Credit Appreciation Day, a celebration of what is arguably the U.S. government's l...

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