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EU plans to to avoid housing bubbles with new rules for mortgages

By EmploymentCrossing  |  Dated: 04-23-2013

The article is about how the EU seeks to avoid housing bubbles with mortgage law deal. Irresponsible home lending in the United States created a domestic housing bubble that, when it burst, helped to spark the global financial crisis. Regulators believe greater competition between lenders in different countries will result in a better deal for consumers and contribute to the bloc’s economic recovery.

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