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Dodd Introduces Senate Mortgage Reform Bill 

Dec 12, 2007By

As speculated in numerous media reports earlier in the week, Senator Chris Dodd (D-CT) today introduced legislation targeting reform in key mortgage industry practices. Among other provisions, the bill would create a fiduciary duty for mortgage brokers towards borrowers, and provide for a duty of good faith and fair dealing toward borrowers for all lenders.

3d rendering of a row of luxury townhouses along a street

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