Military Families are you target for Predatory Lending?
Military personnel across the country are put in harm’s way but they and their families are also asked to move frequently on new assignments which trigger relocation costs that the average family doesn’t do. Military personnel on average have low pay scales as well which often hinder relocation moves...
USLoanAuditors - Putting An End To Fraud
Predatory lending is unfortunately something that we will come into contact directly or indirectly at one point of our lives. When a lender underwrites a mortgage, there are laws and guidelines that have to be observed. If that is not the case, you will have fallen prey to that kind of lending and you...
CA Communities re-victimized by bank practices
Lending institutions that practiced predatory lending in California communities in Los Angeles, Oakland, Sacramento, San Diego and Stockton with high cost subprime loans are failing to prevent foreclosures in those communities. The California Reinvestment Coalitions new report reveals that there is a...
Colorado trio fined for Predatory Lending
Steven Chavez, Colorado Division of Civil Rights Director announced that Dean Juhl, Charles Brandt and Jessica Felicano have been found to have violated Colorado’s Fair Housing laws. Juhl, Brandt and Felicano are accused of targeting Latino homebuyers in the Greeley area. The trio according to documents...
Predatory Lending for the Consumer
Would you know what Predatory Lending is if you were sitting with a mortgage banker or mortgage broker? Thousands of homeowners purchase homes everyday and do not look into this as actively as they shop of deals as an everyday consumer. We trust the brokerage or banker with the faith that they are acting...
When is subprime Predatory lending?
The Columbia Journalism Review recently ran an article in which it questioned the media’s used of the word subprime in replace of predatory lending. The article “How Subprime killed Predatory” by Elinore Longobardi, is available to subscribers of the Columbia University Graduate School of Journalism....
Documentary Exposes Predatory Lending and Questions the Government
Leslie Cockburn is director of American Casino a documentary about the predatory lending in America. Cockburn a seasoned investigative reporter for PBS and CBS’ 60 minutes has provided us with an extraordinary piece of film that chronicles the predatory lending against African-Americans and the Governments...
Predatory Lending Points to Racial Gap
The difference between the wealth of White Americans and Americans of Color has consistently increased over the past thirty years. Levels of education achievement on the part of Americans of Color have dramatically increased yet the level of disparities between the wealth among White Americans and Americans...
Fighting for justice
Originaly by Sue Dremann: Community Legal Services of East Palo Alto takes on the challenges of the elderly, immigrants and poor Attorney Shirley Hochhausen recalled the day she prevented the sale of Jaqueline Marcelos’ foreclosed home. The sale was scheduled for completion at 1 p.m.; Hochhausen...
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