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Callers spoof the caller ID number of the victim's actual lending institution, swindling money from those seeking financial relief. FCC warns of 50-state scam by fraudsters posing as mortgage ...
Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. While there are no internationally agreed legal definitions for predatory lending, a 2006 audit report from the office of inspector general of the US Federal Deposit Insurance Corporation (FDIC) broadly defines predatory lending as ...
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
Nationstar Mortgage LLC, doing business as Mr. Cooper, is a home loan servicer headquartered based in Dallas, Texas, area.It is the consumer-facing mortgage lender and servicer of its parent company Mr. Cooper Group. [1]
For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: ... Among halting its unlawful lending practices, the lender is now ...
One residential sale-leaseback company, EasyKnock, says its services are designed for the “16% of Americans whose credit score makes them unable to access their home equity through conventional ...
The term "equity stripping" has sometimes referred to lending refinance practices that charge excessive fees thereby "stripping the equity" out of the home. The practice more often describes foreclosure rescue scams. While most do not consider equity stripping a form of predatory lending per se, equity stripping is related to traditional forms ...
For premium support please call: 800-290-4726 ... overseas who may need help with their loans. It also offers free credit consulting to help borrowers ... on refinance loans, but some lenders also ...