Groups Urge Caution as Congress Considers Model for New Package
March 16, 2009
Industry and consumer groups are urging Congress to be cautious in its consideration of H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act, as a basis for new consumer protection legislation, saying the market and the financial services system have changed s great deal since 2007 when Congress approved the legislative package. Consumer advocates had mixed views of...