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Introduction
For the past year, since March 2007, the turmoil of the real property mortgage market and its attendant financial services sector have occupied the front page and newspaper headlines here in America and around the world. Many of the Brokerages that enabled the financing of real estate property purchases are no longer in business. Included among these brokerages were stalwart companies noted for their conservative policies. A bank in England and two Mortgage Banks in America suffered the consequences of panics on the part of their depositors and investors. Banking regulators b...