lending

Government & Politics
7:49 am
Wed October 23, 2013

Homeowner Bill of Rights Gets Mixed Reviews Nearly One Year On

file photo
Credit Joe Moore / Valley Public Radio

California’s Homeowners Bill of Rights is nearly a year old and both banks and groups representing distressed homeowners say the legislation intended to help distressed mortgage holders is a bit of a mixed bag.

Maurice Weeks is with the Alliance of Californians for Community Empowerment. He says provisions in the law have helped slow the state’s foreclosure rate.

Read more
Business & Economy
12:52 pm
Fri August 24, 2012

Buy Here, Pay Here Bills Still Moving Despite Opposition

A used car lot on Blackstone Avenue in Fresno - file photo
Joe Moore Valley Public Radio

Three bills that would regulate California’s “Buy Here, Pay Here” used car industry are moving through the State Capitol despite some growing opposition. The critics include several used car dealers associations and some local chambers of commerce.

Former Republican Assemblyman Roger Niello is with the Sacramento Metro Chamber of Commerce. He’s also the owner of several auto dealers. He says efforts to crack down on what the bills’ authors call “predatory lending” would backfire on the very people the legislation is intended to help.

Read more