2009 Report - State Anti-Predatory Lending Laws

A 2009 report produced by the UNC Center for Community Capital and funded by the National State Attorneys General Program at Columbia Law School found that federal action to exempt national banks from state consumer protection led to more foreclosures and riskier lending practices. The report also found that anti-predatory lending laws enacted by some states to protect consumers from abusive and unfair mortgage practices saved many people from losing their homes to foreclosure.