New Law Targeted At Mortgage Lending Abuses

Date December 26, 2007

One legislative action now working its way through Congress could potentially change the way mortgage bankers and brokers do business is a bill that has been introduced in Congress called "Mortgage Reform and Anti-Predatory Lending Act of 2007." The objective of the bill (H.R. 3915) is to minimize problems stemming from the current mortgage crisis [...]