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July 21st, 2010

Financial Reform is Now Law

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President Obama signed the sweeping financial reform bill into law just moments ago. Overall, the legislation is designed to prevent another financial meltdown. The bill puts a strong emphasis on consumer protection as well as a more strict regulation on Wall Street.

While some are of the opinion that the financial reform didn’t go far enough in terms of preventing another financial crisis, others, like personal finance expert Beth Kobliner, praise the legislation’s protection of consumers.

How do you feel about the financial reform bill?

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For more, please check out the following post:

How Will the Financial Reform Impact Mortgages?

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2 Responses to “Financial Reform is Now Law”

  1. Robert F. Says: July 22nd, 2010 at 12:06 pm

    Poll looks pretty even. I, for one, am happy with the legislation. I think it gives good protection without going overboard.

  2. Tim Manni Says: July 22nd, 2010 at 12:58 pm

    Hey Robert,

    Thanks Robert!

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HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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