Sunday, February 3, 2013

New rules set limits on loan-originator pay

If you have been stung by a predatory lender in the past and had a loan with a higher than average rate or terms, redemption is here.  New laws protect homeowners from unethical practices by eliminating a higher pay out for the lender trying to burn a consumer.  At the end of the day, many of these questionable loans work for a small number of consumers, but for most people, they could have qualified for a better option.

New rules set limits on loan-originator pay

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Lake Gregory Regional Park

Lake Gregory Regional Park