Congress
HIGHLIGHT
In 1994, the average home cost about $150,000, and almost no one had ever heard of a subprime loan. That was also the year when Congress last took any major action against predatory mortgage lending. Today federal lawmakers are playing catch-up as they consider key legislation to stop foreclosures and strengthen protections against abusive lending practices.
Search Mortgage Lending - Policy & Legislation - Congress
Browse Mortgage Lending - Policy & Legislation - Congress
- Judicial Modification of Loans Would Save 600,000 Homes: Purchase of Securities Will Save None
September 20, 2008Simply owning securities gives the government no right greater than they currently hold to help borrowers stay in their homes.
- HUD’s Proposed RESPA Rule
September 16, 2008CRL applauds HUD for looking at RESPA reform
- A Review of Mortgage Servicing Practices and Foreclosure Mitigation
July 25, 2008CRL urges action be taken to prevent further escalation of foreclosure crisis.
- Analysis of HR 6076
June 27, 2008Explanation and endorsement of HR 6076: Home Retention and Economic Stabilization Act
- RESPA and its Impact on Small Business
May 22, 2008 - Improving Consumer Protections in Subprime Home Lending
April 29, 2008 - H.R. 5679: The Foreclosure Prevention and Sound Mortgage Servicing Act of 2008
April 16, 2008Testimony of Julia Gordon before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Community Opportunity
- Turmoil in U.S. Credit Markets: Examining Proposals to Mitigate Foreclosures and Restore Liquidity to the Mortgage Markets
April 10, 2008 - Court-supervised modifications would make large-scale foreclosure prevention possible
March 7, 2008CRL supports court-supervised loan modifications
- Consumer Protection in Financial Services: Subprime Lending
February 28, 2008
