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Obama Creates 1-800 Hotline To Advise Whether Mortgages Give 'Fair Deal'

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During President Obama’s speech announcing his recess appointment of Richard Cordray to the position of Director of the Consumer Financial Protection Bureau (CFPB), he announced that Cordray’s agency would be setting up a ‘1-800’ hotline that one could call to ensure they were getting a ‘fair deal’ on a mortgage.

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