U.s. Cracks Down On Firms Making Predatory Mortgages To Veterans

The U.S. is taking steps to stamp out the practice of service members and veterans being pressured into taking mortgages they don’t need, a move that officials say will lower consumer costs and could …

Loaded Loans: UK cracks down on payday lenders, but 'damage already done' Dec 07, 2017  · The U.S. is taking steps to stamp out the practice of service members and veterans being pressured into taking mortgages they don’t need, a move that officials say …

U.S. cracks down on firms making predatory mortgages to veterans. The actions, which were announced Thursday, stem from a probe by Ginnie Mae, a government-owned corporation that guarantees payment on $2 trillion-worth of mortgage-backed securities. Its bonds include loans made through the Department of Veterans Affairs as well as other federal programs meant for low-wealth or rural borrowers.

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages … their profits and making it harder for them to offer competitive rates. “It …

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WASHINGTON (Reuters) – The U.S. consumer watchdog on Wednesday proposed reviewing a rule cracking down on payday lenders, a move consumer advocates and some lawmakers blasted as a further sign the …

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WASHINGTON — The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don’t need, a move that officials say will lower …

Dec 07, 2017  · WASHINGTON — The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they …

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