FTC Staff Submits Comments to Federal Reserve on Making Fair Lending Law Stronger; FTC Announces Increase in Maximum Charge for Extra Copies of Credit Reports
By Federal Trade Commission -

WASHINGTON, D.C. – December 17, 2010 – (RealEstateRama) — The Federal Trade Commission staff has submitted comments to the Federal Reserve Board recommending ways the Board could strengthen the rules under the Home Mortgage Disclosure Act, which requires some mortgage lenders to collect and report loan data that the government uses to analyze whether they are complying with fair lending laws


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Federal Trade Commission
http://www.ftc.gov/

The Federal Trade Commission (FTC) deals with issues that touch the economic life of every American. It is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy.

The FTC pursues vigorous and effective law enforcement; advances consumers’ interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies.

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