Nebraska Law Regulating Foreclosure Rescue Transactions With Financially Strapped Homeowners Goes Into Effect

In Lincoln, Nebraska, The Associated Press reports:

• Dozens of laws passed by the Nebraska Legislature this spring go into effect [today].

• [One] law is designed to protect desperate homeowners facing foreclosure from so-called foreclosure consultants. Some of the consultants reportedly have encouraged people who get foreclosure notices to sign over their homes.

Source: Dozens of new laws to go into effect on Friday.

Go here for the Nebraska Foreclosure Protection Act.