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According to the American Banker's article:  Sen. Clinton to Introduce Mortgage Reform Bill

WASHINGTON — Sen. Hillary Clinton, the frontrunner for the Democratic presidential nomination, is expected to introduce a mortgage reform bill soon that tightens underwriting standards, enhances broker regulation, and sets aside more than $2 billion towards foreclosure prevention, affordable housing and mortgage fraud prosecution.

"The bill calls for a national broker registry and requires brokers to enhance disclosures, including detailing to borrowers any fees and how a loan rate and terms affect broker compensation."

It would also, " . . .set aside $20 million to support additional employment of Federal Bureau of Investigations agents and Department of Justice prosecutors to coordinate mortgage fraud prosecutions with state attorney generals."

Click here to download the Clinton Mortgage Bill.pdf (52.1K)