In November 2007, the AGO released a report about new consumer protection regulations governing mortgage lenders and brokers. "The American Dream Shattered: The Dream of Homeownership and the Reality of Predatory Lending," is a summary report of statewide hearings held on proposed mortgage regulations that the AGO held in September 2007.

The report includes an analysis of the concerns of residents and businesses of Massachusetts as well as state, local and federal officials who are also considering remedies to address the foreclosure crisis. The report also briefly discusses the reasons that stronger consumer protection regulations are necessary in making the mortgage lending marketplace more transparent and fair.

Download nd view a copy of this report: