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Operation HOPE, Inc.: Assembly Banking Committee, Operation HOPE Tackle Subprime Mortgage Issue at Hearing
LOS ANGELES, CA (MARKET WIRE) The State Assembly Banking and Finance Committee, chaired by Assemblymember Ted Lieu, today joined Operation HOPE at an informational hearing regarding the subprime mortgage crisis that has gripped the nation's housing market and threatened the very fabric of our economy. At the hearing, the Committee heard testimony from lenders, regulators, and community groups that have stepped in to help those at risk