January 14, 2014

Habitat for Humanity worries new lending law will hurt poor

The vast revamp of financial regulation in 2010 was created to protect the poor from the predatory lenders who drove the economy into financial turmoil. But groups such as Habitat for Humanity say that some new regulations crafted by the Consumer Financial Protection Bureau will inadvertently stop nonprofits from helping some of those same low-income families get into homes.

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