Raleigh News & Observer (NC) (07/09/08); Cox, Jonathan B.; Parker, Vicki Lee
North Carolina lawmakers have approved new rules that require mortgage servicers to be licensed in the state. The measure now goes to Gov. Mike Easley (D) for his signature. State House and Senate legislators voted in favor of the new rules, hoping to prevent the kinds of abuses that contributed to the housing market meltdown and severely undermined consumer confidence in the mortgage system. North Carolina stands to become just the ninth state to regulate mortgage servicers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment