Judge Suspends County Law On Penalties for Predatory Lending

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00000570-judge-suspends-county-law-on-penalties-fo/

A Montgomery County (MD) Circuit Court judge issued a temporary injunction earlier this week stopping a new predatory lending law that would have dramatically increased the penalty for discrimination and overcharging in loan issuance. The law was to go into effect Wednesday.

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