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Overdraft Protection Getting the Hard Sell Before Rules Change

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With new restrictions taking effect and billions in fees at stake, banks are not giving up on overdraft services without a fight.

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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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