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COVER STORY

Overdraft-Rule Changes: How Some Banks Are Responding

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Industry observers expect the changes to Regulation E to punch a hole in noninterest fee income that retail banks have come to depend on deeply in the wake of the subprime lending crisis ...

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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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