Document Type

Article

Comments

This article predates Prof. Reiss's affiliation with Cornell Law School. It was published in the New Jersey Law Journal (January 26, 2004).

Abstract

Last month, the New Jersey Legislature held off an attempt by certain elements of the lending industry to eviscerate the recently enacted Home Ownership Security Act. Those same elements, however, are regrouping as the new session begins, hoping to take another swipe at the act. Legislators should oppose this assault, because the measure maintains a good balance between reducing mortgage abuses and preserving a healthy residential mortgage market.

Date of Authorship for this Version

1-26-2004

Keywords

New Jersey. Home Ownership Security Act, Predatory home lending

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