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Loan Modification

: Mortgage Lender Implode-o-Meter

Supreme Court Upholds State Enforcement of Lending Laws

By Implode-Explode Heavy Industries

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" A US Supreme Court ruling today gives state attorneys general authority to pursue judicial action against national banks. It also struck down an interpretation of the National Banking Act by the Office of the Comptroller of the Currency (OCC) that led to a regulation preempting states from enforcing fair lending laws."

Full post as published by Mortgage Lender Implode-o-Meter on June 30, 2009 (boomark / email).

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