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Pooling and Servicing Agreement National Consumer Law Form

Pooling and Servicing Agreement National Consumer Law Form

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module 1 introduction to consumer protection the Truth in Lending Act and the Equal Credit Opportunity Act on March 15 1962 President John F Kennedy sent a special message to Congress which included a call to action on behalf of American consumers the message proposed a consumer Bill of Rights which included 1 the right to safety which is protection from marketing of goods which are hazardous to health or life - the right to be informed or protection from fraudulent deceitful or grossly misleading information advertising labeling or other practices and the right to have facts needed to make an informed choice 3 the right to choose meaning the right to have access to a variety of products and services at competitive prices or for a regulated industry the assurance of satisfactory quality and service at fair prices and for the right to be heard where the consumer interest should be fairly considered in the formulation of government policy and treated fairly in administrative hearings a f

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