HOMES AND HOUSING
November 08, 2024
HOMES AND HOUSING

Comments for: PREVENTING PREDATORY LENDING

PREVENTING PREDATORY LENDING
In response to a nationwide crisis over home foreclosures, on June 11 Gov. John Baldacci signed into law a bill to crack down on predatory mortgage lending practices. The new law dictates the following: Lenders must evaluate a borrower’s ability to repay subprime loans or… Read More

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