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Fed Proposes Hiding Investors From Debtors (nytimes.com)


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2009 Nov 18, 4:34am   2,009 views  5 comments

by trudylia   ➕follow (0)   💰tip   ignore  

After reading the article, and seeing this: "The Fed proposal is open to public comment for 60 days," does anyone know what does that actually mean? Can anyone in public provide arguments in favor or in opposition to this -- if so, what does the process entail?

#investing

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1   AltonS   2009 Nov 18, 5:36am  

Uh, wouldn't that make it easier for borrowers to default and then show that no one knows who actually owns the loan and thus they get a free house (or mostly free)?

2   justme   2009 Nov 18, 10:01am  

How about a link?

3   4X   2009 Nov 18, 2:23pm  

link please?

4   trudylia   2009 Nov 18, 10:29pm  

Sorry for the delay in replying -- it was on the home page of yesterday's patrick.net articles:

http://www.nytimes.com/aponline/2009/11/16/business/AP-US-Mortgages-Federal-Reserve.html?ref=patrick.net

5   elliemae   2009 Nov 18, 11:47pm  

staynumz says

Bwahahahaha…….Alternate universe, You guys still want to give healthcare to these people?

Yep. Healthcare should never be an option. Even for you, or me.
Back to the OP - isn't this pandering?

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