Lending Plex Articles
Shockingly, federal law does not define predatory lending. When it comes to protection from abusive lenders, don't count on your good old Uncle Sam for help. Nope. You're own your own in that department. It's you versus the mega-bankers in the dog-eat-dog financial...
Buying a home in the aftermath of the sub-prime lending shakeup
By now, I'm sure that almost everyone has heard of the sub-prime lending shakeup. In case you haven't heard, the sub-prime lending shakeup was the result of many lenders' policy of making loans that were extremely aggressive and not necessarily good investments and that caused those loans to have a very high default rate, which has caused investors to stop...
The Boom: Real Estate and Lending
The current worldwide boom in residential real estate prices is "the biggest bubble in history," according to a disturbing new report in the Economist magazine. In spite of the scams, rising prices and other factors visiting the market, there is so much demand running through...
New Lending Limits for Reverse Mortgages
Now borrowers can utilize more of their home’s equity without the burden or risk of making monthly payments, and still leave enough value in the home for...
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