US House Democrats to offer predatory lending bill« Thread Started on Jul 17, 2007, 7:33pm » --------------------------------------------------------------------------------US House Democrats to offer predatory lending billTue Jul 17, 2007 4:51PM EDTBy John Poirierread at source>
http://www.reuters.com/article/bondsNew ... WASHINGTON, July 17 (Reuters) - Several Democrats on Wednesday will introduce a bill aimed at protecting consumers by limiting finance charges for certain home mortgages, banning prepayment penalties and verifying a borrower's ability to repay a loan.