foreclosure consultants

March 3, 2008 - 1:40pm
PRESS RELEASE

Cohen, Schaer, Spencer Bill Granting Subpoena Power to Investigate Foreclosure Consultants Advances

Assembly Democrats News Release

COHEN/SCHAER/SPENCER BILL GRANTING SUBPOENA POWER TO INVESTIGATE FORECLOSURE CONSULTANTS ADVANCES

Measure Would Aid Assembly Financial Institutions and Insurance Committee in Thorough Examination of Largely Unregulated Industry

(TRENTON) - An Assembly panel today released legislation Assembly members Neil M. Cohen, Gary S. Schaer, and L. Grace Spencer sponsored to grant the Assembly Financial Institutions and Insurance Committee subpoena powers to investigate the largely unregulated and potentially exploitative foreclosure consultant industry that has cropped up in the wake of the nation's subprime mortgage lending meltdown.

Read More >
Syndicate content