Task Force Targets Abusive Lending Practices
Press Release
Issues: Housing and Property
TASK FORCE TARGETS ABUSIVE LENDING PRACTICES
Governor Eliot Spitzer today announced he established an interagency task force to combat predatory lending practices.
"Lending practices that prey upon the public cannot and will not be tolerated," Governor Spitzer said. "This task force will take a comprehensive look at the sub-prime lending industry, and recommend steps to protect borrowers, particularly minorities and the elderly."
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