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FOR IMMEDIATE RELEASE
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Contact: Kevin Mukri |
September 20, 2006
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(202) 874-5770
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WASHINGTON Deputy Comptroller Kathryn E.
Dick discussed nontraditional mortgage products and the proposed interagency
guidance on those products in testimony today before the Subcommittee on Economic
Policy and the Subcommittee on Housing and Transportation of the Senate Committee
on Banking, Housing, and Urban Affairs.
Her oral and written
statements are available on the OCCs web site at www.occ.treas.gov.
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The
Office of the Comptroller of the Currency was created by Congress to charter
national banks, to oversee a nationwide system of banking institutions, and to
assure that national banks are safe and sound, competitive and profitable, and
capable of serving the banking needs of their customers in the best possible
manner. OCC press releases and other
information are available at http://www.occ.gov. To receive OCC press releases and issuances
by email, subscribe at http://www.occ.gov/listserv.htm.
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