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A financial fix, but for better or worse?

In the name of avoiding another catastrophic financial crisis, Congress and the Obama administration have crafted a new law thousands of pages in length and dealing with every nook and cranny of the banking business.

January 19, 2010 (Idaho State Journal)

The Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. The government agency has seen its losses rise with the foreclosure rate. Its reserves have sunk below the minimum level required by Congress.

Prominent black Democrat defends Reid (Las Vegas Sun)

Donna Brazile, one of the Democratic Party’s leading black strategists, did her part Thursday to turn the page on what she called “the apology business,” delivering an impassioned speech to about 400 of Sen. Harry Reid’s black supporters in which she highlighted his long history of civil rights work, his legislation and his pivotal role in shepherding Obama’s agenda though Congress.

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eNews and Updates

A financial fix, but for better or worse?

Borrowers still sinking while Congress launches Titanic reforms (Connecticut Post)

January 19, 2010 (Idaho State Journal)

Prominent black Democrat defends Reid (Las Vegas Sun)

Foreclosure Experts at USHUD.com Caution Consumers of New Pitfalls (PR Newswire via Yahoo! News)

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