Consumer Protection Seeked by Kentucky Mortgage Lenders http://www.foreclosuredeals.com/wp/consumer-pro... In the wake of soaring foreclosures rate in the state of Kentucky, mortgage lenders are asking for legislators to reform lending laws pertaining to the problems that include predatory or aggressive lending practices, mortgage fraud, loan officers practicing without license and even the rising number of out-of state companies doing business in the state without any physical office. According to the Mortgage Bankers Association of Kentucky, lenders are doing this in order to protect their business as well as the consumers.
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