R. 1182) 109th Congress Delivered because of the Associate
Thursday, January 2nd, 2025The Prohibit Predatory Financing Operate (H. Mel Watt (NC) having Agent. Brad Miller (NC) and you will Representative. Barney Honest (MA) Cosponsored from the 65 people in Congress in addition to CBC users Representative. Sanford Bishop (GA), Associate. Corrine Brownish (FL), Representative. Grams.K. Butterfield (NC), Agent. Julia Carson (IN), Del. Donna Christensen (VI), Rep. Wm. Lacy Clay (MO), Agent. James Clyburn (SC), Associate. John Conyers (MI), Rep. Elijah Cummings (MD), Associate. Artur Davis (AL), Rep. Chaka Fattah (PA), Agent. Harold Ford Jr. (TN), Rep. Al Environmentally friendly (TX), Rep. Jesse Jackson Jr. (IL), Associate. Sheila Jackson-Lee (TX), Representative. William Jefferson (LA), Agent. Eddie Bernice Johnson (TX), Representative. Stephanie Tubbs Jones (OH), Associate. Carolyn Kilpatrick (MI), Associate. Barbara Lee (CA), Agent. John Lewis (GA), Associate. Cynthia McKinney (GA), Associate. Kendrick Meek (FL), Representative. Gregory Meeks (NY), Representative. Gwen Moore (WI), Del. Eleanor Holmes Norton (CD), Rep. Major Owens (NY), Agent. Donald Payne (NJ), Associate. Charles Rangel (NY), Representative. Bobby Hurry (IL), Rep. David Scott (GA), Rep. Bobby Scott (VA), Associate. Bennie Thompson (MS), Agent. Edolphus Cities (NY), Agent. Maxine Waters (CA), Agent. Diane Watson (CA), Agent. Mel Watt (NC), and Agent. Al Wynn (MD)
A costs to help you prohibit anybody, regarding the good subprime federally relevant mortgage loan, of taking mortgage credit services or financial brokerage attributes until such as person is authoritative because of the Secretary away from Construction and you may Metropolitan Creativity and it has already been properly given it mention of the subprime lending
A bill to enforce constraints and you can constraints into highest-prices mortgages, so you’re able to upgrade the fresh permissible charge and you can fees to your certain types of financing, to ban unfair or misleading lending strategies, and to provide for public training and you will guidance about predatory lenders. (more…)
