"Capitol Update" piece on a recent U.S. Supreme Court ruling that states may not

Authors

Mal Leary

Source

Mainebiz

Date

4-30-2007

Pages

14-15

Abstract

"Capitol Update" piece on a recent U.S. Supreme Court ruling that states may not regulate the mortgage-lending subsidiaries of national banks, a ruling state officials say will make it more difficult to protect Mainers from predatory lending practices. With comments by Lloyd LaFountain, banking superintendent; Rep. Glenn Cummings (D-Portland); and excepts by a 2006 study by Coastal Enterprises Inc. and the Center for Responsible Lending.

Subjects

Mortgages, Banks and banking

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