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FDIC Consumer News - Summer 2002
High-Cost "Predatory" Home Loans: How to Avoid the Traps |
A few unscrupulous lenders are tricking cash-strapped, unknowing borrowers into expensive home equity loans and mortgages. The big risk: If you can't repay the loan you could lose your home. Here is useful information for anyone thinking about a home loan.
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Donald E. Powell
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