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Feds tell banks to be nice to folks affected by oil gusher
Mortgage / Home Buyer News
The oil gusher has scrambled the economy along the Gulf Coast, cutting incomes of everyone from fishermen to hotel maids. Regulators are asking banks if they will treat those customers, including mortgage borrowers, fairly. Please? Pretty please?
The title of the interagency statement tells you a lot: "Financial Institutions Affected by the Deepwater Horizon Oil Spill."
Source: Bankrate.com » Mortgages