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Congressional Action taken on H.R. 3915

The house passed H.R. 3915, the controversial Mortgage Reform and Anti-Predatory Lending Act by a vote of 291-127. Rep. Barney Frank said: "What we have today is a bill that canot undo what happened, but makes it much less likely...

The house passed H.R. 3915, the controversial Mortgage Reform and Anti-Predatory Lending Act by a vote of 291-127. Rep. Barney Frank said: "What we have today is a bill that canot undo what happened, but makes it much less likely...."

The bill now goes to the Senate where it hasn't been subjected to much debate.

Even if the bill passes the Senate, President Bush is likely to veto it.

Posted by Ralph on Thu, 11/15/2007 - 16:06

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