To require a lender on a sub-prime mortgage loan to give the borrower an oral and written description on terms, costs, commissions, and other issues related to the loan; and to give any future purchaser or assignee of the loan a statement regarding the purchaser's liability for any claims which the borrower could assert against the borrower.
47 Yeas / 51 Nays | |
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Excused or Not Voting (12) | |
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