September 8, 2010 | Updated 11:06am
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The Nation’s Housing

New Consumer Protection Watchdog 
Will Require Some Breaking In

'Tangible Benefits' Of New Agency Won’t Be Felt Until Fall


By Kenneth R. Harney


Washington Post News Service


07/30/10

The financial reform bill signed into law by President Obama may look like a giant cornucopia of helpful changes for homebuyers and loan applicants – not the least of which will be the creation of a powerful Consumer Financial Protection Bureau to ride herd on the mortgage lending industry. 


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