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Home » Store » News » Empire State Lawmakers Target Secondary Market With New Bill

Empire State Lawmakers Target Secondary Market With New Bill

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New York City regulators this week lowered the boom on the secondary market in subprime mortgages by proposing new state legislation that would thrust securities underwriters into the middle of the predatory lending debate. "We’re putting predatory lenders on notice that their days of scamming New Yorkers are numbered," said New York City Comptroller Alan Hevesi of a bill that would deny city and state business
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