23 /PRNewswire/ -- Today, the Center for Responsible Lending (CRL) released a comprehensive report on state predatory lending reforms.
What does PL stand for?
PL stands for Predatory Lending
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of PL
We have 105 other meanings of PL in our Acronym Attic
- Porter's Lodge
- Posti Lokero (Finland)
- Pot Limit (poker)
- Potato-Leaved (tomato plants)
- Power Law (spectral model)
- Power Level (Everquest)
- Power Line
- Power Linearity (Agilent)
- Power Locks
- Precautionary Landing
Samples in periodicals archive:
While residential mortgage lenders are the most directly affected by predatory lending laws, other lenders who are engaged primarily in commercial lending, but from time to time take a home as additional collateral, may be vulnerable to being attacked as a predatory lender.
Her focus has been on elimination of predatory lending, support for community reinvestment, and education of communities about fair housing and fair lending issues.
Integrating technology into our loan origination systems to help mortgage originators comply with predatory lending regulations is a big win for all of our customers.
Concerns about predatory lending have increasingly garnered the attention and concern of policymakers, consumer advocates and participants in the mortgage industry.
It is being done, the agency said, as part of its effort to protect homebuyers from predatory lending practices.
HOEPA was enacted in response to anecdotal evidence of predatory lending practices in the home equity lending market.
Calling it the "downside of an economic upturn" which has produced the highest homwownership rates in the nation's history, Housing and Urban Development Secretary Andrew Cuomo announced that he will convene a national task force and hold hearings to determine how to "eliminate the nightmare of predatory lending from the American dream of homwownership.