Thursday, October 22, 2026

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California Response to Foreclosure Crisis Weak

OAKLAND, Calif., Aug. 21 /PRNewswire-USNewswire/ -- A coalition of California consumer organizations demanded stronger, swifter action on the part of the California legislature in response to the subprime mortgage crisis at a press conference in Sacramento today as well as in testimony before the Senate Banking Committee.

Popular Government & Nonprofit Press Releases

Friedman Bill Would Tax Large Asset-Backed Loans at 23.8%, Exempting Mortgages...

Rep. Laura Friedman (D-CA) has introduced the Pay Your Taxes Avoided by Borrowing (TAB) Act, which would impose a 23.8% excise tax, paid by the borrower…

Recent Government & Nonprofit Press Releases

Friedman Bill Would Tax Large Asset-Backed Loans at 23.8%, Exempting Mortgages...

Rep. Laura Friedman (D-CA) has introduced the Pay Your Taxes Avoided by Borrowing (TAB) Act, which would impose a 23.8% excise tax, paid by the borrower…