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Author Archives: Dean Terrell

Government Backstop Necessary for Sustainable Mortgage Market?

The Housing and Insurance Subcommittee held a hearing Thursday titled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform,” inviting several private sector leaders and policy researchers to provide their opinion on necessary changes for the mortgage and housing industry.

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RBS Faces 10 Years Without Profits

The Royal Bank of Scotland has agreed to pay a monetary penalty of $35 million to settle a residential mortgage-backed securities fraud claim and is ready to “build a simpler, stronger bank.”

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