Congresswoman Marcy Kaptur voted against legislation that passed in the House last night to raise interest rates on homeowners and expose many consumers to predatory lending practices that are currently prohibited by the Consumer Financial Protection Bureau (CFPB). These Republican proposals, H.R. 650 and H.R. 685, would reclassify certain types of manufactured housing to allow real estate and financial services companies to push their customers into predatory and high-cost lending and insurance.
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