Chuck Collins on Predatory Home Financing Practices

Chuck Collins talked his American Prospect article, “Private Equity: The New Neighborhood Loan Shark,” on the rise of “contract-for-deed” mortgages and… 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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Washington Journal 09/23/2017

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Chuck Collins on Predatory Home Financing Practices

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Program ID:
434489-5
Category:
Call-In
Format:
Call-In
Location:
C-SPAN Studio, Washington, District of Columbia, United States
First Aired:
Sep 23, 2017 | 9:02am EDT | C-SPAN 1

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  • Sep 23, 2017 | 9:02am EDT | C-SPAN 1
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