Thursday, March 13, 2008 | 10:12 a.m.
Treasury Secretary Henry M. Paulson Jr. this morning outlined recommendations for a broad series of reforms hoped to prevent another mortgage crisis, the New York Times reports. Paulson presented the proposals, crafted by the President's Working Group on Financial Markets, in a speech in Washington, D.C.
Among the proposals are tougher state and federal regulation of mortgage lenders and a nationwide set of licensing and registration standards for mortgage brokers.
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