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The data shows the proportion of mortgage loans with prices above the HMDA-reporting thresholds increased in 2005, driven, as expected, by changes in interest rate environment.
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A letter urges members to refrain from cosponsoring or supporting HR5746, which seeks to prohibit commercial companies from buying or forming industrial loan companies.
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A September 18th comment letter warned that revisions will be critical to ensuring that the rule implements the Fair and Accurate Credit Transactions Act's requirements without unnecessarily burdening the industry.
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More than 50 legislators and industry representatives attended the August 15th dinner, and Representative Donna Stone (DE) delivered the welcoming address. The booth featured financial literacy materials from AFSA members and AFSAEF's MoneySKILL.
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