Mortgage Bankers, Brokers at Odds (AP via Yahoo! Finance)
Story date: 2007-10-18 01:27:22
Added on: 2007-10-18 16:42:44
Mortgage brokers are squaring off with bankers over efforts in Congress to impose stiffer regulations on the industry. The outcome of the long-running fight could help shape the future of a market battered by lax lending practices that have led to a surge in home loan defaults.
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