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Big bank-reform bill that passed Senate includes new VA loan refinance rules
Military Times: A banking-reform bill that dials back regulations put in place after the 2008 financial crisis includes language that targets predatory lenders offering VA-backed home loan refinancing.
The Senate voted 67-31 on Wednesday to pass the Economic Growth, Regulatory Relief, and Consumer Protection Act. The House has passed a separate bank-reform bill; per The Associated Press, the next likely step is a compromise bill that would be voted on by both chambers.
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