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Home » Store » Taxable » Industry Faces Major Battle in NJ Legislature

Industry Faces Major Battle in NJ Legislature

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New Jersey lawmakers are considering legislation aimed at smoothing the edges of a new anti-predatory lending law to avert a potential mortgage market crisis, but housing and fair lending advocates are threatening to make the task more difficult. Community groups under the Coalition for Fair Lending are specifically targeting S.B. 2795, which the state Senate Commerce Committee approved by a 4-2 vote during a “lame duck” session on Dec. 4.
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