Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about predatory lending: | |||||||||||||||||||||||
Is This a Good Definition of Predatory Lending?
18 October 2004 "The California mortgage brokers association has recently come out with a definition of ?predatory lending?, which they claim will allow borrowers to protect themselves. Do you agree?" I think they get an A for effort, and are on the right track in ... more... What Is Predatory Lending? November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... |
|||||||||||||||||||||||
predatory lending related definitions |
|||||||||||||||||||||||
Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more... Truth-In-Lending, TILA Truth-In-Lending A federal law requiring disclosure of the Annual Percentage Rate to home buyers shortly after they apply for the loan. Also known as Regulation Z and Truth-In-Lending-Act (TILA). Requires disclosures about its terms and cost and gives consumers the right ... more... |
|||||||||||||||||||||||
More about predatory lending Home Mortgage Rate Shopping - Why Some Shoppers Give Up And Others Don't A Brief Look at the Origins of Lending A Look at the Origins of Online Lending Fast Secured Loans: The Immediate Solution Cash Loans for the Unemployed: Ready Money in Distress Should You Ever Take a Payday Loan? Is My Money Safe? On The Soundness Of Our Banks Real Estate Investing: Short Sale Package 101 British Families and Debt What You Should Avoid in the Months Before a Home Purchase
|
|
||||||||||||||||||||||
|