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In 2000, Congress revisited the subprime problem. Once more, the concern was more info on predatory financing techniques than systemic danger. But, like in 1998, there have been warnings about bigger issues.

In 2000, Congress revisited the subprime problem. Once more, the concern was more info on predatory financing techniques than systemic danger. But, like in 1998, there have been warnings about bigger issues. Ellen Seidman, director for the workplace of Thrift Supervision, testified that predatory lending had been a problem of serious concern to your OTS…