Document Type
Peach Sheet
Abstract
The Act defines and prohibits abusive home loan practices, commonly termed predatory lending. It prohibits certain practices and limits others on covered home loans and high-cost home loans. It creates consumer protections regarding these loans and provides for penalties and enforcement while creating exceptions for unintended violations.
Recommended Citation
Leetra Harris & Brian Nichols,
BANKING AND FINANCE Credit or Loan Discrimination; Define and Prohibit Abusive Home Loan Practices; Provide for Prohibited Practices and Limitations for Covered Home Loans and High-Cost Home Loans Create Consumer Protections for Covered Home Loans and High-Cost Home Loans; Provide for Penalties and Enforcement; Provide Exceptions for Unintended Violations; Provide for Severability,
19
Ga. St. U. L. Rev.
(2002).
Available at:
https://readingroom.law.gsu.edu/gsulr/vol19/iss1/25