The Georgia Fair Lending Act (GFLA) included aggressive remedies for violations, such as assignee liability (allowing borrowers to bring claims against any purchaser or holder of the mortgage), a ban on mandatory arbitration clauses, and provisions for class action lawsuits.

Authors

• Person: Charlie Zong Organization: Duke University
  Regulatory - American Predatory Lending

Sources

• Regulatory - American Predatory Lending predatorylending.duke.edu Charlie Zong · Duke University via serper

Referenced by nodes (1)

• Georgia Fair Lending Act concept