Securities Industry Urges New York Mayor to Veto Predatory Lending Bill Approved by City Council
September 27, 2002
The New York City Council this week approved anti-predatory lending legislation that the ABS industry says will chill subprime mortgage lending and securitization in the city. Like similar initiatives that have been taken up by city and state lawmakers around the country over the last few years, the New York City bill – 67-A – would largely mirror the Home