Coalition for Responsible Lending
Organization protects homeowners from unscrupulous lenders.
Find a description of predatory lending and suggestions on preventing this practice.
Predatory
lending, in the form of abusive subprime mortgage loans, payday loans, tax refund loans, and other lending scams, strips $16
BILLION in wealth from low-income consumers and communities in the U.S. each year. The Center for Responsible Lending is fighting
to stop these financial abuses through legislative and policy advocacy, coalition-building, litigation, and industry research.
http://www.responsiblelending.org/
Association of Community Organizations for Reform Now
ACORN® is the nation's largest community organization
of low- and moderate-income families, with over 150,000 member families organized into 700 neighborhood chapters in 51 cities
across the country.
Acorn recommends to its members--
Predatory Lending : Recommendations for Consumers
Before you begin loan shopping, visit your local non-profit
housing counseling center
to set up an appointment with a counselor to evaluate your financial situation and to discuss your loan needs. ACORN Housing Corporation, a HUD-certified housing counseling agency, has offices in 26 cities. You can also call HUD for a list of the certified counseling agencies nearest you.
http://acorn.org/
California Department of Real Estate: Predatory
Lending Prevention This page contains information on predatory lending
prevention for consumers and real estate licensees. ... 1.6 of the Financial Code (created by AB 489 and amended by AB 344)
and commonly referred to as the predatory lending law. ...
www.dre.cahwnet.gov/predatory2.htm
Predatory Lending Sucks
