| Part Of Washington Journal 09/23/2017
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Chuck Collins on Predatory Home Financing Practices
2017-09-23T09:02:00-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNjk5XC8yMDE3MDkyMzA5MDM1NDAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mortgages and the risk for buyers. He said in his research for the piece he found a return to the practice of encouraging buyers toward rent-to-buy mortgages. He called these types of mortgages “kind of predatory” because if buyers miss a payment, they are evicted and lose any built-up equity.
Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mo…
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Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mortgages and the risk for buyers. He said in his research for the piece he found a return to the practice of encouraging buyers toward rent-to-buy mortgages. He called these types of mortgages “kind of predatory” because if buyers miss a payment, they are evicted and lose any built-up equity. close
Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mo… read more
Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mortgages and the risk for buyers. He said in his research for the piece he found a return to the practice of encouraging buyers toward rent-to-buy mortgages. He called these types of mortgages “kind of predatory” because if buyers miss a payment, they are evicted and lose any built-up equity. close
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