Dodson: Anti-predatory lending reforms generated $9.1B in annual consumer savings
Daryn Dodson · Diversity Equity & Inclusion 5: Daryn Dodson – Training and Action at Illumen Capital (Capital Allocators, EP.168) · Dec 14, 2020 · at 13:15
Daryn Dodson, founder of Illumen Capital, discusses his early career policy work at the Center for Responsible Lending fighting predatory mortgage practices.
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“That was powerful to have opportunity to work with 60 attorneys on trying to develop statewide frameworks of which we passed a number of them in 2002 to 2005 to stop that to the tune of 9.1 billion dollars a year in savings for those that were overcharged in that process of buying the biggest purchase of their lives.”
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