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FBC Markets Now November 20, 2012

Rather than selling empty foreclosed homes in the market to rent them for a period if thats appropriate. Part of the outcome of that is that banks have been working hard to increase their modifications to reduce foreclosures to assist homeowners who are unfairly treated in the past and so on. From a supervisory, regulatory perspective, we are trying to help, but in that republic, we are like other regulatory agencies who are addressing this issue. Finally, and i dont want to underestimate this part. Analytically. Analytically, we studied the issues from the beginning of the crisis to before, influential in talking to other agencies, the treasury, and talking to the congress in providing ideas and approaches. For example, you put out a year ago, a white paper describing the key issues and approaches and provided analysis for things that can be done to improve mortgage lending. Weve also been very supportive of steps like those taken by the financial the housing oversight, gse oversight ....

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