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  <title>Open Congress : Comments on H.R.2599 PACE Assessment Protection Act of 2011</title>
  <link href="http://www.opencongress.org/bill?controller=comments%2Fatom&amp;id=71783" rel="self"/>
  <updated>2011-12-23T05:57:51Z</updated>
  <author>
    <name>opencongress.org</name>
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  <id>tag:opencongress.org,2007:/bill/comments/71783</id>
  <entry>
    <title>New comment by Geraldin</title>
    <link href="/comments/atom/bill/71783" rel="alternate"/>
    <updated>2011-12-23T05:57:51Z</updated>
    <id>tag:opencongress.org,2011-12-23:/comment/241394</id>
    <author>
      <name>Geraldin</name>
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Government body should always regulate and supervise  lending policies of financial institution such as lending companies. Irregularities do happen.Countrywide Financial was one of the biggest mortgage lenders until 2008, when the lender almost went belly-up. Bank of America acquired the lender, and is now liable for $335 million. Source for this article: &lt;a title=&quot;Bank of America to pay $335 million to settle unfair lending suit&quot; href=&quot;https://personalmoneynetwork.com/moneyblog/2011/12/21/unfair-lending-suit/&quot;&gt;Bank of America to pay $335 million to settle unfair lending suit&lt;/a&gt; 
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