Download or read book Consumer Protection written by United States. General Accounting Office and published by . This book was released on 2004 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer protection federal and state agencies face challenges in combating predatory lending report to the Chairman and Ranking Minority Member Special Committee on Aging U S Senate written by and published by DIANE Publishing. This book was released on with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer Protection written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-23 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer Protection: Federal and State Agencies Face Challenges in Combating Predatory Lending
Download or read book Consumer Protection written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-19 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer Protection: Federal and State Agencies Face Challenges in Combating Predatory Lending
Download or read book Consumer Protection Federal and State Agencies Face Challenges in Combating Predatory Lending written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer Protection written by United States Government Accountability and published by . This book was released on 2015-02-14 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book Consumer Protection written by and published by . This book was released on 2004 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gao 04 280 Consumer Protection written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-04-280 Consumer Protection: Federal and State Agencies Face Challenges in Combating Predatory Lending
Download or read book Consumer Protection written by David G. Wood and published by . This book was released on 2004 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Predatory Lending written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2004 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consuming Debt written by Heidi Mandanis Schooner and published by . This book was released on 2018 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Predatory lending is an avaricious fraud that demands attention. Several states have enacted new laws to combat predatory lending. Moreover, the battle against predatory lending and other abusive practices has focused attention on the overall structure of consumer credit laws. The current structure is dual; both state and federal governments play significant roles in combating credit fraud. The dual structure has been the source of controversy as federal regulators have claimed the power to preempt state law. This article furthers the structural debate and the effort to combat predatory lending by examining the architecture of consumer credit laws within the federal system. The responsibility for enforcing federal consumer credit laws is divided among many federal agencies. This is confusing and inefficient. To compound the problem, much of the enforcement of consumer credit laws is in the hands of bank regulators rather than consumer protection agencies. The principal role of a bank regulator is to protect the solvency of a bank. The principal role of a consumer protection agency is to protect the consumer. While these two roles can be synergistic, they can also clash. Therefore, tasking the bank regulator with the job of consumer protection creates an intra-agency conflict. This article proposes a range of alternative regulatory structures that could provide for more efficient and fair consumer protection.
Download or read book Understanding Predatory Lending written by Deborah Goldstein and published by . This book was released on 1999 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Still Mortgaging the American Dream written by Julia Patterson Forrester and published by . This book was released on 2016 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Article discusses the continuing problem of predatory lending abuses in the subprime home mortgage lending market and federal and state attempts to address the problem. Over the protests of consumer advocates, federal agencies have recently issued regulations preempting state predatory lending statutes as applied to national banks and thrifts. In addition, Congress is considering legislation that would preempt state predatory lending laws for all lenders. The Article considers the preemption debate, particularly in the context of federally supported lenders-banks, thrifts, and the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. Banks and thrifts receive support through the federal safety net, which includes deposit insurance. Fannie Mae and Freddie Mac are federally chartered, privately owned corporations that receive other types of federal support. The Article concludes that preemption is not warranted for national banks and thrifts or for other lenders, and that banks, thrifts, and the GSEs should be part of the solution to the predatory lending problem by originating, purchasing, and/or securitizing subprime loans in compliance with state and federal law.
Download or read book Federalism and Predatory Lending written by Christopher Lewis Peterson and published by . This book was released on 2013 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past two decades the American home mortgage lending market has seen the development of controversial loans which consumer advocates, federal regulators, as well as many lenders have come to call quot;predatory.quot; Critics of these businesses complain that lenders make loans borrowers cannot repay in anticipation of foreclosing on the family home. Responding to the complaints of their constituents, dozens of state legislatures and local governments have passed statutes and ordinances attempting to prohibit unfair contractual terms. At the same time federal banking regulators have moved to preempt these state laws, placing state and federal leaders on a collision course. Moreover, Congress is actively considering the elimination of all state mortgage lending regulations. This article reviews predatory lending contractual terms; discusses current and past social policy focusing on the American tradition of combined federal and state regulation; and, explores potential unintended consequences from federal preemption of state law. Finally, it suggests current efforts to preempt state and local predatory lending law have more to do with a deregulatory agenda than with regulating commercial activity at the most efficient level of government.
Download or read book Borrowing to Live written by Nicolas P. Retsinas and published by Brookings Institution Press. This book was released on 2009-10-01 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Harvard University Joint Center for Housing Studies publication Americans are awash in debt, and the U.S. economy is in trouble. Credit undergirds daily life more than ever—it has become one of the defining aspects of American life, and the ramifications are becoming clearer by the day. The already considerable damage from a depressed housing market has been exacerbated by the subprime lender implosion, sending shock waves through the financial sector, international economies, and government at all levels. Most low- or moderate-income people borrow, but that should not be construed as uniformly poor judgment or lack of disciplines—Americans are not borrowing merely to keep up with the Joneses, but too often simply to stay afloat. In Borrowing to Live, the Joint Center for Housing Studies of Harvard University brings together a group of experts drawn from the best of academia, research, and public services. Together with editors Nicolas Retsinas and Eric Belsky, they dissect the worrisome current state of consumer and mortgage credit in the United States and help point the way out of the current struggles. Contributors: Michael S. Barr, Eric S. Belsky, Raphael W. Bostic, Shawn Cole, Amy Crews Cutts, Kathleen C. Engel, Ren S. Essene, Elaine Kempson, Patricia A. McCoy, William A. Merrill, Sendhil Mullainathan, Anthony Pennington-Cross, Elizabeth Renuart, Eldar Shafir, Edna R. Sawady, Jennifer Tescher, John Thompson, Peter Tufano, Susan M. Wachter
Download or read book Predatory Lending written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2004 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Subprime Lending written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2004 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
