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AUG 26, 2010 6:03pm ET

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New regulations will soon restrict a common way of compensating residential mortgage brokers and loan officers. But those sales representatives still have to be paid ...

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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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