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Home » Store » News » Industry Takes the Offensive In Support of Ney-Kanjorski

Industry Takes the Offensive In Support of Ney-Kanjorski

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A coalition of subprime lenders has gone on the offensive, attacking a Democratic plan to create a national predatory lending standard based on North Carolina’s landmark 1999 law. The Coalition for Fair and Affordable Lending, which is backing a federal anti-abuse standard sponsored by Reps. Bob Ney, R-OH, and Paul Kanjorski, D-PA, issued a white paper last week in which it blasted a rival bill sponsored by North Carolina Democrats Mel Watt and Brad…
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