2009-04-24housingwire.com

The House Financial Services Committee plans to meet Tuesday to consider legislation that may bring sweeping changes to the way the mortgage industry conducts business.

The bill in question, called HR1728 or the Mortgage Reform and Anti-Predatory Lending Act, aims to curb forms of lending that have been a major factor in the highest home foreclosure rate in the nation in 25 years the committee said in a statement.



Comments:

taps65 at 17:18 2009-04-25 said:
If S.1222 never became law despite being written by the President himself, HR1728 is just another joke being juggled around by clowns in the house. Permalink

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