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Pressure grows to rein in abusive lenders in housing market
Washington lawmakers push for stronger enforcement of the 1994 law against deceptive lending to home buyers with blemished credit. Regulators and major mortgage firms like Fannie Mae and Freddie Mac consider new standards to curb predatory practices amid rising abuses, with some states enacting tough laws and calls for a federal framework gaining momentum.
MENTIONED IN THIS ARTICLE
Jim Leach
House Banking Committee
Leach
Consumer Finance
Indus In
Congress
Federal Reserve Board
Department of Housing and Urban Development
Wall Street
Fed
HUD
Lins
Lerch
Alan Greenspun
Federal Reserve
Aental
Fannie Mae
Muyers
North Carolina
Infly
Franklin D. Rusnes
America
Raines
Joan Financing Corportion
Freddie Muea
South Africa
Federal Trade Commissa
da’ Medine
Commission
Dtsumer Protection
National Home Equ Mangage Association
Washington
Den
Colion
Conan Sional