Mortgage Lending Practices
Mr. Falk talked about predatory lending practices, consumer issues, and hearings on the subject the prior day. He also responded to viewer comments and questions.
84 viewsMr. Falk talked about predatory lending practices, consumer issues, and hearings on the subject the prior day. He also responded to viewer comments and questions.
84 viewsWitnesses testified about the abusive use of yield spread premiums, or the fees received by mortgage brokers from lending companies when a consumer signs for a higher rate mortgage.
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