High Interest Mortgage Lending

Mr. Brown talked about how certain lending institutions purposely charge low-income consumers high interest on mortgages, loans and… read more

Mr. Brown talked about how certain lending institutions purposely charge low-income consumers high interest on mortgages, loans and credit cards. He said the Center for Responsible Lending is a nonprofit corporation that specializes in business loans and mortgages in low-income communities. Mr. Brown also responded to audience telephone calls, faxes and electronic mail.

A representative of the Center testified last week before the House Financial Services Committee in a hearing on creating national protections against high-interest mortgage lending.  close

*The transcript for this program was compiled from uncorrected Closed Captioning.

People in this video

  • George Brown Senior Vice President Center for Responsible Lending
  • Paul Orgel Coordinating Producer C-SPAN->Editorial

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High Interest Mortgage Lending

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Program ID:
186845-4
Category:
Call-In
Format:
Call-In
Location:
Washington, District of Columbia, United States
First Aired:
May 31, 2005

Airing Details

  • May 31, 2005 | 9:35am EDT | C-SPAN 1
  • May 31, 2005 | 1:47pm EDT | C-SPAN 1
  • May 31, 2005 | 4:07pm EDT | C-SPAN 2
  • May 31, 2005 | 7:18pm EDT | C-SPAN 1
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