As I dig deeper into the subprime lending crisis, I have found it increasingly important for me to participate in disseminating information about predatory lending such that folks can avoid falling prey to this unfortunate practice.
Predatory mortgage lending practices strip borrowers of home equity and threaten families with foreclosure, destabilizing the very communities that are beginning to enjoy the fruits of our nation’s economic success. Full Story
Predatory lending practices can leave victims homeless and defeated, stripped of self-respect and hope, their credit ruined. Full Story
Seven signs of predatory lending. Full Story
Subprime lenders made too many loans to borrowers who didn’t make enough money to make the monthly payments. In some cases, lenders didn’t even bother to verify borrowers’ incomes. Full Story
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