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    Within the last five years, lenders became reqired to verify repayment ability of lendee.. Anyone know when this occured?

    +1  Views: 606 Answers: 1 Posted: 13 years ago

    1 Answer

    THE LAST FIVE YEARS?


    Am I missing something here?


    Aren't ALL LENDERS (Banks) required to verify a borrowers ability to PAY THEM BACK?


    I never realized how much damage Barney Frank and Chris Dodd really did.



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