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Loan Modification

: Loan Modification & Home Loan News

CEO of the California Bankers Association, Rodney Brown Speaks Out Against Homeowner Protection Bill

By Moe Bedard

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At first glance, this would seem to be a worthwhile public policy proposal. However, SB 1275 is nothing more than a litigation minefield that goes far beyond that goal, ignoring several years’ worth of collaboration among the financial services industry, consumer groups and policymakers to achieve meaningful reforms and assist borrowers. SB 1275 overly complicates the [...]

Full post as published by Loan Modification & Home Loan News on April 21, 2010 (boomark / email).

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