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Politics : View from the Center and Left

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To: Cogito who wrote (111914)5/26/2009 10:23:13 PM
From: Bread Upon The Water  Read Replies (1) of 541698
 
I was responding to the statement that the TIME PERIOD for notice (under state law) had been extended from 60 days to 90 days and I was wondering how the Feds got the authority to do this (retroactively---essentially alter the terms/conditions under which the original loans were made---unless they retained such authority under the terms of the initial agreement.)
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