|
Predatory Lending And Punitive Damages
Predatory lending practices are fast becoming a major issue of concern for the U.S. legislators. As per the law, predatory lending is an illegal practice and an offence. Any lender resorting to such unscrupulous practice is punishable under the jurisdiction of the federal law. If the lender is found guilty, he has to pay for the damages caused to the borrower. More...
Lawsuit Settlement Cases For Mortgage Fraud And Predatory Lending

Predatory lending practices are detrimental to a nation’s economy. These practices can have a severe effect on the financial situation of borrowers, from which some might never recover. More...
Checklist for Mortgage Fraud
Mortgage fraud refers to any action which misrepresents information in order to obtain a mortgage loan. Other words, if you lie on your home loan application, you commit a mortgage fraud. Technically, even if you make tiny whit white lies, it still constitute as a fraud. Some unscrupulous real estate brokers may tell you that it is More...
Predatory Lending And Auto Financing
Bad credit car loan with no down payment? No problem? May be not so. According to the information from Consumer Federation of America (CFA), more and more consumers today are pushed into high risk loans. Consumers need to be extra careful for “special finance.” Although there are a lot of honest lenders in the market, there are more than enough dishonest lenders in the car loan industry as well. More...
|