“My name is Steven Krystofiak, President of the Mortgage Brokers Association for Responsible Lending.” That is how Krystofiak began his written statement to the Federal Reserve concerning mortgage fraud. It is a follow-up to his oral testimony at a Federal Reserve hearing on June 16, 2006 at the FRB San Francisco entitled: “Responsible Lending and Informed Consumer Choice, Public Hearing on the Home Equity Lending Market.” Continue reading
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