Tougher Mortgage Laws Help consumers

Seven states have started an Internet-based system to supervise mortgage brokers. It maintains a uniform application for mortgage brokers and a database that regulators can use to keep track of brokers who try to work in another state after being banned elsewhere. Consumers will have access by 2009. The States are:
Idaho, Iowa, Kentucky, Massachusetts, Nebraska, New York, and Rhode Island  42 state agencies — including those in Washington, D.C., and Puerto Rico — have committed to join by the end of 2009.