The very first law I authored in Congress dealt with inadequate home equity loan disclosure requirements that allowed lenders to take advantage of consumers.

The partnership involves Equifax allowing lenders to use DocuSign to send requests to loan applicants in a secure environment.

This is also referred to as debt analysis which allows lenders the ability to assess a customers' risk in taking out a loan.

The action allowed lenders, such as IndyMac, to avoid further regulatory restriction.

Zopa gets a 1 percent fee from borrowers, but beyond that allows lenders and borrowers to set rates themselves in its online marketplace.

Moratoriums typically give battered economies some wiggle room by allowing lenders and borrowers to renegotiate loans.

Rather than lending money to prospective homeowners, Fannie Mae buys mortgages from banks that issue them, allowing lenders to make further mortgages.

He also introduced an amendment, which passed, that repealed a 9.5 percent loophole in student loans that had allowed lenders to pocket billions of taxpayer dollars.

It seeks to curb abuse by allowing lenders, rather than a Government trustee, to argue in court that someone filing for bankruptcy can afford to pay.

The idea, seemingly reasonable at the time, was to allow hard-pressed lenders to diversify their holdings and increase their profitability.