Industry News

Bush administration slams anti-predatory-lending bill

HR 3915 called threat to home ownership
Published on Nov 15, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The Bush administration is opposed to most provisions of proposed legislation aimed at predatory lenders, saying they would result in greater uncertainty and increased litigation, worsening the credit crunch and ultimately reducing home ownership. The mortgage lending industry also objects ...