Posts Tagged ‘legislature’
Angry Consumers Flood Federal Reserve Board with Complaints
Press release from Americans for Fairness in Lending. Full release after the jump (it is not yet up on AFFIL’s website, so I cannot link to it).
Sunday link roundup
I have a backlog of cool articles in my starred items folder in Google Reader. Here they are:
Good news from a debt-collection industry source: Collectors Face New Law in Colorado, and NY Considers Debtor’s Bill of Rights | Collection News
Countrywide CEO Gave Below Market Rate Loans To Senators From A Special “VIP Desk” | Consumerist
Subprime [...]
Governor Tim Pawlenty loves the homeless so much he wants more of them
The Minnesota legislature put the Subprime Borrower Relief Act on Governor Pawlenty’s desk last week. The Act would have put Minnesota home foreclosures on hold for a year to give homeowners a chance to sell, refinance, or negotiate a workout plan with their lenders.
It was, in all respects, a reasonable and fair compromise that would [...]
Minnesota legislature passes Subprime Borrower Relief Act
The Subprime Borrower Relief Act gives borrowers with subprime loans the right to defer a foreclosure sale of their residence for one year after the bill becomes law.




