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N.J. BANKING COMMISSIONER ANNOUNCES MORTGAGE CONSUMER PROTECTION PLAN

N.J. BANKING COMMISSIONER ANNOUNCES MORTGAGE CONSUMER PROTECTION PLAN
 New Jersey Banking Commissioner Jeff Connor tomorrow evening, April 21, will announce the "New Jersey Mortgage Consumer Protection Plan," a seven-point regulatory initiative designed to address growing consumer dissatisfaction with the mortgage applications process in New Jersey.
 The commissioner will also announce mortgage-related consumer complaint levels for the first quarter of this year.
 Connor will outline the plan in a keynote address before the Mortgage Bankers Association of New Jersey at the trade organization's annual spring dinner at the Ramada Renaissance in East Brunswick. Dinner will be served at about 6:30 p.m., and Connor is expected to make his remarks at about 8 p.m.
 Copies of the commissioner's speech can be obtained by fax by calling Linda Crelin of the Department of Banking at 609-292-7000. For more information on the event, contact the Mortgage Bankers Association at 201-379-7447.
 CONTACT: Linda Crelin of the Department of Banking, 609-292-7000.
 /delval/
 -0- 4/20/92


CO: New Jersey Department of Banking ST: Pennsylvania IN: FIN SU:

KA-CC -- PH044 -- 0245 04/20/92 17:02 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:184
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