Commentary

House Bills Would Weaken Financial Reform, Turn Back Clock to Height of Housing Crisis, Says Center for American Progress

Washington, D.C. —(ENEWSPF)–April 16, 2015.  This week, the U.S. House of Representatives passed two bills weakening the financial reforms that Congress put in place after the housing crisis. H.R. 650, the Preserving Access to Manufactured Housing Act of 2015, strips critical lending protections for buyers of manufactured homes, and H.R. 685, the Mortgage Choice Act of 2015, removes disincentives that discourage lenders from upselling consumers on title insurance policies offered through affiliated companies.  Julia Gordon

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