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Snowe, Cardin Announce Bill to Guarantee Quality of Mortgage Securities
Washington, D.C. - August 6, 2009 - (RealEstateRama) -- U.S. Senators Olympia J. Snowe (R-Maine) and Ben Cardin (D-Md.) today introduced legislation to increase the trustworthiness of the nation’s mortgage security market through the establishment of a Federal Board of Certification for mortgage securities.