Predatory lending is the practice of targeting uninformed investors for a loan product. This term has been used extensively in the context of the 2008 financial crisis as well as t...
Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mortgage that carries high fees, a high interest rate, strips the borrower of equity, or places the borrower in a lower credit rated loan to the benef...
Predatory lending is the unfair, deceptive, or fraudulent practices of some lenders
during the loan origination process. While there are no legal definitions in the ...
Predatory lenders often target senior citizens and people of color to place them in
unnecessarily expensive loans. Don't respond to ads that say bad credit ...
lenders are everywhere, and in this difficult economy where people are more desperate for money it's easy to fall prey to their loans. As unsavory as the industry may be, these lenders are simply filling a niche. Here is a brief introduction to the industry ... More »
Seven signs of predatory lending are Excessive Fees, Abusive Prepayment
Penalties, Kickbacks to Brokers (Yield Spread Premiums), Loan Flipping, ...
Nov 7, 2012 ... Predatory lending is any lending practice that imposes unfair or abusive loan
terms on a borrower. It is also any practice that convinces a ...
Predatory mortgage lending practices strip borrowers of home equity and
threaten families with foreclosure, destabilizing the very communities that are ...
NACA seeks to protect consumers from predatory lending practices, predatory
loans, and predatory mortgages.
Lending and mortgage origination practices become "predatory" when the
borrower is led into a transaction that is not what they expected. Predatory