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September 01, 2020 10:18am
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Mortgage lenders, stung by settlements, tighten the reins on credit

The mortgage crisis sparked outrage at lax home lending practices. The government launched probes of those practices and ultimately negotiated billion-dollar settlements from multiple lenders to end charges of misbehavior and poor mortgage underwriting that didn't meet the lending standards of Fannie Mae, Freddie Mac or the Federal Housing Administration...
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