State Lawmakers Continue Weaving Tapestry Of Local Laws on Predatory Mortgage Lending
March 7, 2003
Georgia’s predatory lending statute may have drawn national attention to the ramifications of state laws that exceed federal mortgage consumer protection statutes, but it has yet to slow down legislators in other jurisidictions. Even though about 25 states already have their own predatory lending laws, 40 new bills have already been introduced in legislatures around the country this year. Tennessee alone has six