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Home » Store » Taxable » Efforts to Achieve National Predatory Lending Legislation Still on Track Despite Ney’s Decision to Leave Congress

Efforts to Achieve National Predatory Lending Legislation Still on Track Despite Ney’s Decision to Leave Congress

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The departure of Rep. Bob Ney, R-OH, will not cool the mortgage industry’s fervor for a national anti-predatory lending standard – at least from the point of view of major participants in the legislative process. Rep. Brad Miller, D-NC, co-sponsor of an anti-predatory lending bill modeled after his home state’s statute, said Ney’s announcement this week not to seek reelection amid a federal corruption probe will not affect efforts to achieve a comprehensive bill on subprime and predatory lending...
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