Credit Legislation Activists > The subprime mortgage crisis: LIES, incorrect credit reporting, regulators refusal to enforce laws
The subprime mortgage crisis: LIES, incorrect credit reporting, regulators refusal to enforce laws
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The regulators REFUSE to enforce consumer protection laws I have been submitting my complaints about false mortgage advertisements for years to the California Department of Real Estate.
They never once took any action and instead IGNORED my complaints.
Federal law to allow recording of sales and collections calls We need to preempt state laws prohibiting the recording of calls unless all parties are notified to STOP the lies and abuse by marketers and collectors and we need STATUTORY damages for misrepresentations.
LIES are the #1 reason for the subprime crisis!