Sentences with phrase «estate packagers»
The government spending that Mr. Bernanke has endorsed is pure bailouts to the banks, insurance companies, real estate packagers and other Wall Street institutions so that they can support asset prices and thereby save the economy's financial balance sheet, not its employment and living standards.
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The problem with the proposal, says Whatley, is that packagers would be exempted from the prohibition on paying unearned fees under Section 8 of the federal Real Estate Settlement Procedures Act.