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| Permalink View Article Stats (2 comments) Subprime Loans = Primetime for Vampire Lenders Quicklink submitted by Rady Ananda (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| This is one of those economic stories, like the savings-and-loan scam of the 1980s, that are usually buried back in the business section of newspapers. But, just as with the S&L collapse, this debacle is growing too big to contain, and all of us need to be paying attention. How 'reputable' financial firms are using an arsenal of tricks to extract high payments from homeowners, drain their equity and steal their homes. |
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Lack of Consumer Protection
by Pat Williams on Sunday, Aug 26, 2007 at 2:03:51 AM
and 24 Pages of Legalese
by Rady Ananda on Sunday, Aug 26, 2007 at 7:13:15 AM