One aspect of the mortgage crisis that has been under reported is the extent to which predatory lenders have committed fraud against vulnerable homeowners. In some cases, con artists have deliberately targeted financially strapped and unsophisticated owners. The nation’s largest subprime lender, Ameriquest Mortgage Co., is paying $325 million to settle a predatory lending lawsuit [...]
Lawsuits Against Predatory Lending
November 20th, 2007 · 2 Comments
Tags: Mortgage Litigation · Mortgage Scams