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Loan Modification

: Mortgage Lender Implode-o-Meter

House OKs Mortgage Reform

By Implode-Explode Heavy Industries

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" The House of Representatives today voted 300-114 in favor of HR 1728, the Mortgage Reform and Anti-Predatory Lending Act, which calls for tighter lending rules to promote affordable mortgages for borrowers with a reasonable ability to pay and who receive more transparent disclosures at the time of closing."

Full post as published by Mortgage Lender Implode-o-Meter on May 07, 2009 (boomark / email).

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