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Stella Thomas Profile Page
Stella Thomas
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2 years ago
2 years ago
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Stella Thomas
Stella Thomas
Stellathomas

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Predatory Lending Predatory lending Predatory lending occurs when unfair and deceptive sales practices are used in the origination of mortgage loans. Predatory lending almost always occurs in the context of refinancing a current loan with a new loan. Predatory lending practices may involve lenders, mortgage brokers, real estate brokers, attorneys, even home improvement contractors. Their schemes often target people who have small incomes but substantial equities in their homes. Low-income seniors are often prime targets of predatory lenders. -------------- Stellathomas

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