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Predatory Lending: Background on the Issue and Overview of Legislation in the 106th Congress (CRS Report for Congress)

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Release Date March 7, 2001
Report Number RL30885
Report Type Report
Authors Bruce E. Foote, Domestic Social Policy Division
Source Agency Congressional Research Service
Summary:

This report presents an overview of the predatory lending issue, a summary of present law, a summary of joint HUD and Treasury recommendations to address the issue, and a side-by-side summary of five bills introduced in the 106th Congress that addressed the issue. Though no action occurred on these bills, the issue is expected to continue in the 107th Congress.