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NC Shouldn’t Weaken Housing Protections

Posted By Jeff Shaw On June 6, 2011 @ 2:59 pm In Uncategorized | Comments Disabled

With families still struggling, you’d think lawmakers would recognize the folly in helping shady dealers take advantage of homeowners, home buyers and renters.┬áBut House Bill 654 would do just that [1], rolling back simple and effective protections designed to stop foreclosure “rescue” scams, among other unscrupulous deals.

One frightening provision in the bill could allow scammers to create contracts so abusive, they’d be able to take your home away — even if you’ve made every payment on time. Who benefits from that?

North Carolina deserves better. Consumers deserve better. And we can do better, by defeating this bill.


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URL to article: http://pulse.ncpolicywatch.org/2011/06/06/nc-shouldnt-weaken-housing-protections/

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[1] House Bill 654 would do just that: http://www.ncjustice.org/?q=node/858

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