Fed wants to strip a key protection for homeowners

[Hugabear]

http://www.mcclatchydc.com/2010/12/01/104568/fed-wants-to-strip-a-key-protection.html

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As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.

The Fed's proposal to amend a 42-year-old provision of the federal Truth in Lending Act has angered labor, civil rights and consumer advocacy groups along with a slew of foreclosure defense attorneys.
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I'm beginning to wonder...when did we wind up with a Rethug administration? Lately I'm really beginning to wonder...