The Federal Reserve proposed tough new rules Tuesday in a broad crackdown on abusive mortgage lending practices almost two years into one of America's worst housing downturns in decades.
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Fed targets mortgage abuse as housing woes mountPosted by UK Economy News
In UK financial news
18Dec 07 The Federal Reserve proposed tough new rules Tuesday in a broad crackdown on abusive mortgage lending practices almost two years into one of America's worst housing downturns in decades.
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