Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 502
Book Description
Predatory Mortgage Lending
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 502
Book Description
Predatory Mortgage Lending Practices
Author: Paul S. SarbanesPublisher: DIANE Publishing
ISBN: 0756744067
Category : Business & Economics
Languages : en
Pages : 187
Book Description
Predatory Mortgage Lending Practices
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Mortgage brokers
Languages : en
Pages : 192
Book Description
Consumer Protection
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Mortgage loan servicing
Languages : en
Pages : 132
Book Description
Curbing Predatory Home Mortgage Lending
Author: United States. Department of Housing and Urban DevelopmentPublisher:
ISBN:
Category : Discrimination in mortgage loans
Languages : en
Pages : 128
Book Description
Consumer protection federal and state agencies face challenges in combating predatory lending : report to the Chairman and Ranking Minority Member, Special Committee on Aging, U.S. Senate.
Author: Publisher: DIANE Publishing
ISBN: 1428935029
Category :
Languages : en
Pages : 127
Book Description
Why the Poor Pay More
Author: Gregory D. SquiresPublisher: Bloomsbury Publishing USA
ISBN: 0313067902
Category : Business & Economics
Languages : en
Pages : 249
Book Description
The proverbial American dream of owning a home has become an all-too-real nightmare for a growing number of families. The most vulnerable segments of our society—including minorities, the elderly, and working families—are being victimized by financiers who lure them into commitments they cannot fulfill. Collectively known as predatory lending, these practices include offering higher interest rates than can be justified by the risk, high pre-payment penalties that lock families into exploitative loans, and monstrous balloon payments that often result in default and the loss of the home. The net result can be disastrous: damage to one's credit rating, bankruptcy, and even the loss of lifelong savings. Why the Poor Pay More is an incisive exposure of these practices: how they have evolved, why they have become so prevalent in recent years, and how their negative effects can be quantified. It features in-depth analysis from prominent scholars, legal experts, and community leaders, who shed new light on the social, political, and economic consequences of predatory lending. Why the Poor Pay More is much more than an indictment of these insidious discriminatory practices. It is a call to arms for anyone concerned about how the financial-political system can be corrupted to serve the needs of the wealthy. Highlighting community initiatives already underway to combat predatory lending and an extensive listing of practical resources, Why the Poor Pay More outlines active roles that individuals, advocacy groups, financial and legal service providers, and policymakers can play in reversing this destructive trend.
Understanding Predatory Lending
Author: Deborah GoldsteinPublisher:
ISBN:
Category : Fraud
Languages : en
Pages : 90
Book Description
Preserving the American Dream
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Financial services industry
Languages : en
Pages : 268
Book Description
Mortganomics - a Critical Examination of Mortgage Lending Practices, Pricing, and Predatory Abuses
Author: Terry L. DonovanPublisher: Smart Books LLC
ISBN: 0615279473
Category : Mortgage loans
Languages : en
Pages : 306
Book Description
Mortganomics teaches readers how to successfully negotiate the terms of a home mortgage with any bank, mortgage lender or broker. It provides detailed examples how lenders price their home loans and how they can subjectively increase a customer's interest rate to create larger commissions and loan costs. It includes samples of lender's rate sheets showing their wholesale costs for the individual interest rates, and explains how to make a lender guarantee that they will charge only their required minimum fees, and nothing extra that would increase force the borrower to take a higher interest rate. It gives readers a step-by-step verifiable method for paying off their mortgage years early, and an easy method to evaluate how competitive their interest rate and terms are in the marketplace. The book sugar coats nothing when it comes to exposing the ways lenders mark up their costs at a borrower's expense, and the ways that they hide important facts from their customers. This book provides dozens of easy to understand loan pricing calculations that readers can use to negotiate their loan terms and detect predatory lending practices.