Predatory Lending : Background on the Issue and Overview of Legislation in the 106th Congress.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Consumer credit.

Financial institutions.

Fraud.

Physical Description:

1 online resource (32 pages) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2001.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Presents an overview of issues surrounding predatory home mortgage lending, in which mortgage brokers or lenders use fraudulent or deceptive practices to make loans with terms that are disadvantageous to borrowers. Summarizes present law, joint HUD and Department of Treasury recommendations to address the issue of predatory lending, and provides a side-by-side comparison of current law and H.R. 3901, the Anti-Predatory Lending Act of 2000; H.R. 4213, the Consumer Mortgage Protection Act of 2000; H.R. 4250 and S. 2415, both the Predatory Lending Consumer Protection Act of 2000; and S. 2405, the Predatory Lending Deterrence Act.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Predatory Lending

Access Restriction:

Restricted for use by site license.