Making Our voice in the Predatory Lending debate
An old widow to pay a monthly mortgage of $ 559 of the state enjoying full support of his monthly income of $ 494. A grieving mother needs money to bury their children, to their country of origin of refinanced loans only to lose their homeland after a short period because of their inability to pay much steeper monthly payment. Predatory Lending.There is no better term to describe it and other tragedies Real-Life performed by a thin slice of the housing finance industry. Each day, it seems that the messages to another story of injustice, and it should serve as a wake-up for all the authors in our store.
Our country, our economy and our life depends, just, fair and legitimate to give each borrower. Our laws. Reputable experienced authors acknowledge that it is not only doing things, but also good practice. As in all sectors, we must quickly identify and punish those unscrupulous actors, so they soil mortgages work.
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