Wall Street Hopes ‘Helpful’ Provisions in H.R. 3915 Are Carried Over in New Consumer Protection Bill
March 13, 2009
Despite some concerns, Wall Street feels that many of the provisions in anti-predatory lending legislation that House lawmakers passed in 2007 provided a fair balance, and industry officials hope that any new consumer protection legislation that Congress considers will do the same. Testifying at a House subcommittee hearing on mortgage lending reform, Laurence Platt, a partner...