There's been a lot in the news about the financial regulatory overhaul bill currently working itself out in Congress and, with the bill expected to be signed into law by the Fourth of July, it's a good time to look at how you're likely to benefit from the bill's passage. Here's a look at how various aspects of the legislation are likely to play out when the financial reform hits the books (adapted in part from this article).

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What Financial Reform Might Mean for You

There's been a lot in the news about the financial regulatory overhaul bill currently working itself out in Congress and, with the bill expected to be signed into law by the Fourth of July, it's a good time to look at how you're likely to benefit from the bill's passage. Here's a look at how various aspects of the legislation are likely to play out when the financial reform hits the books (adapted in part from this article). Outlook Good for Consumers One of the major changes the bill will make is the creation of the Consumer Financial Protection Agency, which would be a unit dedicated to regulating financial products with consumer rights in mind.

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What Financial Reform Might Mean for You

As Chino loan modification lawyers, we have long been cynical about the behavior of mortgage lenders when their financial interests oppose the common good.

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