Predatory Mortgage Lending PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Predatory Mortgage Lending PDF full book. Access full book title Predatory Mortgage Lending by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Download full books in PDF and EPUB format.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 562
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 562
Get Book Here
Book Description
Author: Paul S. Sarbanes
Publisher: DIANE Publishing
ISBN: 0756744067
Category : Business & Economics
Languages : en
Pages : 187
Get Book Here
Book Description
Author: Gregory D. Squires
Publisher: Bloomsbury Publishing USA
ISBN: 0313067902
Category : Business & Economics
Languages : en
Pages : 249
Get Book Here
Book Description
The proverbial American dream of owning a home has become an all-too-real nightmare for a growing number of families. The most vulnerable segments of our society—including minorities, the elderly, and working families—are being victimized by financiers who lure them into commitments they cannot fulfill. Collectively known as predatory lending, these practices include offering higher interest rates than can be justified by the risk, high pre-payment penalties that lock families into exploitative loans, and monstrous balloon payments that often result in default and the loss of the home. The net result can be disastrous: damage to one's credit rating, bankruptcy, and even the loss of lifelong savings. Why the Poor Pay More is an incisive exposure of these practices: how they have evolved, why they have become so prevalent in recent years, and how their negative effects can be quantified. It features in-depth analysis from prominent scholars, legal experts, and community leaders, who shed new light on the social, political, and economic consequences of predatory lending. Why the Poor Pay More is much more than an indictment of these insidious discriminatory practices. It is a call to arms for anyone concerned about how the financial-political system can be corrupted to serve the needs of the wealthy. Highlighting community initiatives already underway to combat predatory lending and an extensive listing of practical resources, Why the Poor Pay More outlines active roles that individuals, advocacy groups, financial and legal service providers, and policymakers can play in reversing this destructive trend.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Mortgage brokers
Languages : en
Pages : 192
Get Book Here
Book Description
Author: United States. Department of Housing and Urban Development
Publisher:
ISBN:
Category : Discrimination in mortgage loans
Languages : en
Pages : 128
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428935029
Category :
Languages : en
Pages : 127
Get Book Here
Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Mortgage loan servicing
Languages : en
Pages : 132
Get Book Here
Book Description
Author: Deborah Goldstein
Publisher:
ISBN:
Category : Fraud
Languages : en
Pages : 90
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
Author: Janis Sarra
Publisher: Cambridge University Press
ISBN: 1108853331
Category : Law
Languages : en
Pages : 329
Get Book Here
Book Description
Since the Great Recession of 2008, the racial wealth gap between black and white Americans has continued to widen. In Predatory Lending and the Destruction of the African-American Dream, Janis Sarra and Cheryl Wade detail the reasons for this failure by analyzing the economic exploitation of African Americans, with a focus on predatory practices in the home mortgage context. They also examine the failure of reform and litigation efforts ostensibly aimed at addressing this form of racial discrimination. This research, augmented by first-hand narratives, provides invaluable insight into the racial wealth gap by vividly illustrating the predation that targets African-American consumers and examining the intentionally obfuscating settlement terms of cases brought by the U.S. Department of Justice, states attorneys, and municipalities. The authors conclude by offering structural, systemic changes to address predatory practices. This important work should be read by anyone seeking to understand racial inequality in the United States.
