HADD call to action!! URGENT! Mortgage Bill (HR 3915); Mortgage Reform and Anti-Predatory Lending Act of 2007

This is a plea for those of you who can – on your professional or personal time – to contact your representatives today to urge them to strengthen, not weaken, the mortgage bill (HR 3915). 

Message to Representatives: (Call (202) 224-3121, or go to House.gov for email or the direct phone number.)

Strengthen, don’t weaken, the mortgage bill (HR 3915):

1) Strengthen the remedies against the holders of illegal loans so homeowners get real, not illusory, protection.

2) Eliminate the preemption provision so it does not gut state laws against civil rights violations, unfair and deceptive practices, and fraud.

3) Oppose any weakening amendments.

Applaud Congress for taking action to curb abusive lending practices.  Make sure that any reforms are meaningful and do not actually protect bad practices.

Message for clients (simpler): For those of you putting letters together for your clients who want something simpler: 

Make the mortgage bill stronger so homeowners get real protection and don’t lose state law protection against civil rights violations, unfair and deceptive practices, and fraud.  Oppose changes to make the bill weaker

Lauren K. Saunders

Managing Attorney

National Consumer Law Center

Comments

[Jebs Prada]

It is amazing to watch money evolve from worthwhile to worthless.The United States is running the country on borrowed money. People are not succeeding in life, they are buying success and going bankrupt because they are not following any restraint or fear of loss. Their is always cheaper money to buy in the US. This is so
dangerous and I believe the value of the US dollar would crash if the actual value that is placed on our own currency was understood by the rest of the world.
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