Friday, May 25, 2007

NYS Consumer Advocates Propose Laws To End Abusive Home Lending Practices

New Yorkers for Responsible Lending, a statewide consumer-oriented coalition, unveiled proposed new legislation this week in Albany, New York to end abusive subprime lending and foreclosures. The coalition, comprised of 131 civic and community groups from across New York State, called on state legislators and the governor to pass the bill this legislative session before any more New Yorkers lose their homes. For more, see Groups Call on State Lawmakers & Governor to End Abusive Subprime Lending.