North Carolina Acts to Rein in Reckless Home Lending
Durham NC -- As the disastrous consequences of reckless subprime lending continue to mount, North Carolina lawmakers are standing up for homeowners by making it tougher to offer abusive home loans. Earlier this month, the North Carolina Home Loan Protection Act (HB 1817) passed the State Senate 33-15 and the State House 113-0. Today Governor Mike Easley, a strong supporter...