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The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess

The Home Equity Theft reporter: senior citizens, Retirement Funds Victimized By Subprime Lending Mess Testimony submitted by Home Equity Lender Leadership.. by some lending companies to rip off our senior citizens, there is. They make money by stripping, flipping and packing the.. and that subprime lenders are in fact providing a service to those..

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Discussing the roots of the economic crisis with Bill Moyers on this week’s JOURNAL, former regulator Bill Black said that much of the blame lies with lenders for issuing “liars’ loans,” in which.

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The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess The scammers keep the cash and pay a fee to the senior citizen or take the full amount unbeknownst to the senior citizen. No loan payment or repayment is required until the borrower no longer uses.

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