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Nancy Starczyk:New rules aim for safer loans – Santa Clarita Valley Signal

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Nancy Starczyk:New rules aim for safer loans
Santa Clarita Valley Signal
A new class of loan called “Qualified Mortgage” along with “Ability-to-Repay” rules developed by the Consumer Financial Protection Bureau eliminate risky practices that contributed to the economic collapse — such as, so-called liar's loans using no ...
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