John Taylor, President & CEO of the National Community Reinvestment Coalition (NCRC), testified on the introduction of H.R. 703, and the need for a broader-scale loan modification program such as Homeowners Emergency Loan Program (HELP Now), the need for the federal government to exercise its authority to purchase troubled assets in an effort to stem the foreclosure crisis, and the need for enhanced consumer protection through comprehensive anti-predatory lending legislation.
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