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The contributors to this blog are a diverse group of lawyers and law professors who practice, teach, or write about consumer law and policy. Although the blog is hosted by Public Citizen's Consumer Justice Project, the views expressed here are solely those of the individual contributors and do not necessarily reflect those of the institutions with which they are affiliated. To view the blog's statement of policies, please click here.

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« Consumer Groups Oppose Predatory Lending Legislation | Main | Identity Theft Protection Services »

Thursday, November 15, 2007

Mortgage Bill Passes House

The House of Representatives has passed H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, by a vote of 291-127.  Not a single House Democrat opposed it.  CNN is reporting that the bill faces an "uncertain future" as it heads to the Senate--not because of opposition by consumer groups, mind you, but because industry lobbyists, the White House, and many Republicans don't want to see any regulation in this area at all.  (In recent days, we've blogged about the bill here, here, here, and here.)

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