By definition, a “predatory” mortgage loan is any loan that tries to take advantage of the borrower by charging too high an interest rate or fees that are too high. In some States the laws regulating mortgage lending are vague and many lenders refuse to operate in these States. Other lenders use the grey area [...]
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My name is Robert Regehr and I’m a personal finance blogger with a chip on my shoulder for banks and mortgage brokers that take advantage of my friends and neighbors.
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