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Home » Store » News » NY Court Strikes City Anti-PL Law, Council Contemplates Appeal

NY Court Strikes City Anti-PL Law, Council Contemplates Appeal

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Mortgage lenders will find New York City a friendlier place to do business in after a state lower court struck down an anti-predatory lending law passed by the city council more than a year ago. The city council said it would appeal a Jan. 26 decision by NY State Supreme Court Justice Michael Stallman to invalidate Local Law 36, which barred the city from doing business with lenders that issue, purchase or invest in
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