CSPAN Washington Journal Chuck Collins Discusses Predatory Home Financing... September 23, 2017
Mortgages. , if are predatory in that you miss a payment, you are evicted and you lose equity you have built. These wall street firms that bought these foreclosed properties dont want to invest anything in them. They are trying to sell them off and they cant really read them because they are in terrible shape. They cant sell them with Bank Financing because they would not be acceptable for mortgage. They sell them to people with contract for deed or rent to buy terms. It sets people up. Of whate latest chapter i would consider, a predatory lending. Host why write this story now . Are we seeing...