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The Fed would have picked another way to conduct foreclosure reviews if it had known how expensive and time-consuming they would be.

Fed's Yellen Blasts 'Very Costly' Foreclosure Reviews

by Maria Aspan
APR 5, 2013 12:21am ET
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Federal Reserve vice chair Janet Yellen criticized the aborted independent foreclosure reviews on Thursday, condemning the expenses of consultants involved in a process that the Fed helped set up.

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