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Home » Regulators Eye Marketing, Disclosure on Alt Loans
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Regulators Eye Marketing, Disclosure on Alt Loans

June 5, 2006
Alternative lenders seeking to stay on the right side of regulators should pay close attention to the way their loans are pitched to borrowers. “Marketing has really been the big issue. There is a tendency to focus on the short-term benefits of these products and to downplay the long-term risks,” said April Breslaw, acting associate director of the Federal Deposit Insurance Corporation’s Division of Supervision and Consumer Protection, during remarks at a recent workshop…
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