This week the House will debate H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007. It would amend the Truth in Lending Act to reform consumer mortgage practices, establish licensing and registration requirements for residential mortgage originators, and create minimum standards for consumer mortgage loans. Its passage would cost a little over $4 per U.S. family.
H.R. 3915
The Mortgage Reform and Anti-Predatory Lending Act of 2007
Costs $4.15 per family
What People Think: 12% For, 88% Against
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