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April 28, 2009
Almost a half-billion dollars will be poured into helping fight mortgage fraud and other related crimes thanks to an overwhelming majority approval of new legislation today.
The U.S. Senate voted 92-4 to authorize $490 million over the next two years to hire fraud prosecutors and other law officials, improve the Secret Service and add funds to the Housing and Urban Development. The new law also includes the creation of two commissions to examine the cause of the financial crisis.
Read story at Market Watch
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