Archive for the ‘Predatory Lending’ Category

From Be a Smart Consumer http://www.nls.gov/local/me/homeownership/predatorylendingbrochure2.pdf PROTECT YOURSELF FROM PREDATORY LENDERS Predatory lending is another term for loan fraud committed by mortgage lenders, home appraisers, or real estate professionals on consumers who are trying to buy a home, obtain re-financing or make improvements on their home.  A bad loan obtained from a predatory lender may cause homeowners to lose their chance to buy a desired home, lose the ... Full story