Sarah McKenzie

Ellison briefs City Council committee on economic stimulus package

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CITY HALL — U.S. Rep. Keith Ellison briefed the City Council’s Intergovernmental Relations Committee today on the proposed economic stimulus package and what Congress is doing to deal with the nation’s mortgage foreclosure crisis, among other things.

Ellison said Congress is looking at increasing the affordability of mortgage refinancing opportunities and adopting an anti-predatory lending bill based on Minnesota’s bill that calls for the licensing of all mortgage originators.

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