Lori Swanson

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State Legislators Moving Quickly on Subprime Lending

Jul 10, 2007By

Bloomberg has some interesting coverage of the ongoing state-vs.-federal mortage regulation debate, which looks at how state lawmakers are moving quickly to regulate subprime lending in their states in the absence of any federal action: “The states are going ahead and doing what they think is in the best interest of their citizens,” said Minnesota Attorney General Lori Swanson. “Hopefully, the federal government will act, too, but the states aren’t waiting.”

3d rendering of a row of luxury townhouses along a street

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