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Entries by Zach Carter from 01/2011

Fed Moves To Gut Predatory Lending Regulation

Posted 01.04.2011 | Business

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

Honey, I Shrunk The Credit Score

Posted 01.05.2011 | Business

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...

Fed To Back New Rules To Rein In Home Foreclosure Abuses

Posted 01.05.2011 | Business

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

Community Banks Win By Losing: Inside The K Street Hustle

Posted 01.11.2011 | Business

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

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

Posted 01.20.2011 | Business

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...

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

Posted 01.23.2011 | Politics

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

Fed Backs Down From Plan To Gut Mortgage Regulation

Posted 01.24.2011 | Business

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

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

Posted 01.28.2011 | Politics

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...