Gap Narrows on Key Predatory Lending Issues – but Insistence on Preemption May Scuttle Negotiations
April 23, 2004
Lenders and consumer advocates have come a long way toward the middle in the battle over predatory lending legislation. But while some observers say that as much as 90 percent of the work toward a national standard may be finished, it’s unlikely that the remaining gap will be closed any time soon.