FTC Testifies on Efforts to Protect Consumers in Subprime Mortgage Market
News release: “The Federal Trade Commission testified before the U.S. Senate Committee on Commerce, Science, and Transportations Subcommittee on Interstate Commerce, Trade, and Tourism [Improving Consumer Protections in Subprime Lending], about the Commissions continuing efforts to protect subprime mortgage borrowers. The testimony described the agencys priorities, including deceptive mortgage advertising, deceptive or unfair servicing practices, …