PA Improves Consumer Protection, Tweaks Disclosure, License Rules
June 20, 2006
Pennsylvania regulators will soon publish draft regulations and policy statements to improve the system that governs disclosures associated with mortgage transactions, according to a top state official. Testifying during a June 9 public hearing on the Home Ownership and Equity Protection Act, David Bleicken, a director in the state Department of Banking, declined to discuss the details of the proposed draft.