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Farm Bill’s Progress Not Fast Enough for Lenders

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The House and Senate took a big step toward reconciling their vastly different versions of the farm bill this week, but farmers and their lenders are still nervous.

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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17th Annual Best Practices in Retail Financial Services Symposium
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