Mortgage Lenders Sue Montgomery ; County's Law Called 'Misguided'

Summary


Mortgage lending companies are trying to block a new Montgomery County law that takes effect March 7 with tough penalties for discriminatory lending.

Neither side showed signs of backing down yesterday as mortgage lenders threatened to pull their services out of Montgomery County.

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Extract


Mortgage Lenders Sue Montgomery ; County's Law Called 'Misguided'

"We're going to vigorously defend the law that was passed," said David Weaver, spokesman for Montgomery County Executive Douglas M. Duncan. "We are confide...

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