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Loan Modification

: Loan Modification & Home Loan News

Memphis must take on devious lenders by itself with little help from federal or state legislators

By Moe Bedard

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Mayor A C Wharton says Memphis’ high poverty rate and low level of financial literacy make the city a target for scams aimed at homeowners faced with foreclosure. Perhaps he was too polite to mention the Tennessee General Assembly, which has resisted efforts to curb predatory lending practices at almost every opportunity. Just last April, [...]

Full post as published by Loan Modification & Home Loan News on August 23, 2010 (boomark / email).

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