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By Corbett B. Daly
The U.S. House of Representatives on Thursday approved a bill to shore up the finances of the cash-strapped Federal Housing Administration while also backing a measure to raise the loan limits for FHA-backed mortgages used to develop some apartment buildings.
By DAVID LIGHTMAN AND KEVIN G. HALL
The draft legislation that lawmakers used as their starting point Thursday for writing the final version of the most sweeping overhaul of financial regulation since the Great Depression contains key provisions to combat predatory lending and provide relief from foreclosure.
By Sewell Chan
Negotiators from the House and Senate gathered on Thursday to merge two bills representing the most comprehensive changes to financial regulation since the Depression, but the script they acted out was largely being written elsewhere.
Congresswoman Maxine Waters (CA-35) participated in a House Judiciary Committee field hearing yesterday on the merger of Comcast and NBC Universal.