(Bloomberg) -- State lawmakers, faced with a record
number of constituents who may lose their homes, are pressing to
pass their own laws to halt mortgage-lending abuses, saying they
can't afford to rely on the U.S. Congress to act.
Legislators in some 30 states have introduced about 85
bills to protect mortgage borrowers from deceptive-lending
practices, foreclosure or fraud, according to a Bloomberg
analysis of data from the National Conference of State
Legislatures.
Read more at Bloomberg Bonds News
number of constituents who may lose their homes, are pressing to
pass their own laws to halt mortgage-lending abuses, saying they
can't afford to rely on the U.S. Congress to act.
Legislators in some 30 states have introduced about 85
bills to protect mortgage borrowers from deceptive-lending
practices, foreclosure or fraud, according to a Bloomberg
analysis of data from the National Conference of State
Legislatures.
Read more at Bloomberg Bonds News
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