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Predatory Lending

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Key Updates
April 2, 2008 Federal Reserve System Unveils a New System to Show Subprime and Alt-A Loan Mortgage Conditions
December 6, 2007 Financial Services Committee Holds Hearing on Loan Modifications and Foreclosure Prevention
November 19, 2007 House Passes Historic Mortgage Reform Legislation
October 24, 2007 House Comm Examines Legislative Proposals on Reforming Mortgage Practices
October 22, 2007 Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation Introduced in the House
September 23, 2007 IRS Reaches Out To Foreclosure Victims With Resource Site
September 20, 2007 House Committee Holds Hearing on State of Mortgage Industry Problems
September 5, 2007 House Financial Services Committee Holds Hearing on Mortgage Markets
August 23, 2007 Fed Offers Foreclosure Page
June 4, 2007 Colorado Enacts Bills to Combat Mortgage Fraud, Foreclosures
April 17, 2007 House Committee Examines Possible Responses to Rising Mortgage Foreclosures
April 12, 2007 Joint Economic Committee Releases Report: "Sheltering Neighborhoods from the Subprime Foreclosure Storm"
April 12, 2007 Minnesota to Continue Aggressively Enforcing Title Violations
April 10, 2007 DOD Issues Proposal for Credit to Service Members
March 27, 2007 House Subcommittee of Financial Institutions Conducts Hearing on Subprime and Predatory Mortgage Lending
March 1, 2007 Senator Dodd Commends Freddie Mac On Higher Standards For Subprime Mortgage Market
February 7, 2007 Senate Committee Holds Hearing on Predatory Lending Practices
December 13, 2006 Predatory Lending Rules Approved By Joint Committee Of Agency Rule Review
March 24, 2006 FTC to Host Workshop on Alternative Mortgages on May 24
March 8, 2006 OTS Finds Local Lending Law Preempted for Federal Savings Associations
February 24, 2006 Study Praises State Lending Laws
February 23, 2006 Fitch Revises RMBS Guidelines for Antipredatory Lending Laws
September 13, 2005 New Study Takes In-Depth Look at Real Estate Flipping
First American Real Estate Solutions' Data and Analytics Reveal How Well Flippers Fared From 1999-2005
June 8, 2005 ALTA® Submits Comments to House Committee on Predatory Lending [PDF]
May 24, 2005 House Subcommittees Conduct Joint Hearing on "Legislative Solutions to Abusive Mortgage Lending Practices"
May 18, 2005 Court upholds ruling against real estate flippers
Sellers, lenders, appraisers liable to pay restitution, penalties
April 29, 2005 Congresswoman Tubbs Jones Reintroduces Predatory Lending Legislation
March 15, 2005 Congressmen Ney and Kanjorski Introduce the "Responsible Lending Act"
October 27, 2004 Montgomery County, Maryland Introduces Anti-Predatory Lending Legislation [PDF]
October 21, 2004 Standard & Poor's Updates Anti-Predatory Lending Law Activities (4MG) [PDF]
October 8, 2004 Ney and Kanjorski Outline Plans for Subprime Lending Bill
Comprehensive Plan Will Protect Consumers with Strong Standards and Other Reforms
October 7, 2004 House Subcommittee on Housing and Community Opportunity Hearing entitled “Mortgage Fraud and its Impact on Mortgage Lenders”
September 20, 2004 Standard & Poor’s Provides an Anti-Predatory Lending State Law Update [PDF]
September 14, 2004 MBA Study Shows Negative Effects of North Carolina Mortgage Lending Law Hit Minorities and Low-Income Borrowers the Hardest
September 10, 2004 HUD Unveils $3 Million Education And Advertising Campaign To Sell Hud Homes, Curb Predatory Lending
September 9, 2004 Study Says Predatory Lending Plagues Rural America
March 30, 2004 House Subcommittees on Financial Institutions and Consumer Credit And Housing and Community Opportunity Conduct Joint Hearing entitled "Subprime Lending: Defining the Market and its Customers"
January 7, 2004 OCC Issues Final Rules on Preemption Includes Strong Standard to Keep Predatory Lending out of National Banks


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American Land Title Association
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