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U.S. lawmaker plans law to curtail risky mortgages
CAMBRIDGE, Massachusetts (Reuters) - A powerful U.S. lawmaker said on Monday he is preparing a broad package of legislation that would promote stability in the mortgage market by limiting future subprime lending, and would also take on executive compensation and limit systemic risk.
CAMBRIDGE, Massachusetts (Reuters) – A powerful U.S. lawmaker said on Monday he is preparing a broad package of legislation that would promote stability in the mortgage market by limiting future subprime lending, and would also take on executive compensation and limit systemic risk.