Council decries predatory lending, calls for government intervention
Story date: 2007-10-29 04:39:00
Added on: 2007-10-29 17:00:17
Seattle Post Intelligencer - Many borrowers did not understand the terms of their loans, which often started with low, teaser payments and included prepayment penalties that made it hard to refinance into a different mortgage after the teaser payments increased. Declining home ...
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