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Old 08-25-2011, 05:04 PM  
woj
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Join Date: Jul 2002
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plus there are other subtle effects of this law...
obviously if there is more regulation, then working with mortgages becomes less desirable, bringing the prices down...
when the prices are down, then banks are LESS likely to lend...

so not only nothing was accomplished, the new law is actually causing banks to lend LESS...
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