Industry News

Anti-predatory-lending bill passes U.S. House committee

Bill has drawn criticism from consumer, mortgage groups
Published on Nov 8, 2007

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by CareyBot

In a 45-19 vote, the U.S. House Committee on Financial Services this week approved mortgage reform legislation that has drawn fire from some consumer groups and mortgage professionals alike. The legislation, HR 3915, would establish a national mortgage licensing system ...

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