SUNDAY, DECEMBER 5, 2010
WASHINGTON – As Americans continue to lose homes in record numbers, the Federal Reserve is considering making it harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.
The Fed's proposal to amend a 42-year-old provision of the federal Truth in Lending Act has angered labor, civil rights and consumer advocacy groups along with a slew of foreclosure defense attorneys.
Read more: http://www.sacbee.com/2010/12/05/3232298/fed-seeks-to-strip-a-key-protection.html#ixzz17G5YvMEZ
Posted 11:16 AM
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