Truth in Foreclosure

Continuing the Predatory Lending Fight

NACA’s campaign against Fleet focused national attention to the issue of predatory lending. NACA brought over 400 people to testify in front of the Senate banking committee and has been able to get banks such as Wells Fargo to reduce the customer payoffs by up to $20,000 because of Truth in Lending Violations...find out more at the site...

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Who Determines What’s An Acceptable Workout?

When you start negotiating with your lender or servicer, it may seem like they're dragging their feet. But what you don't see is everything that's going on in the background. Because of the primary and secondary mortgage markets and private mortgage insurance, your service may just be collecting your information to pass on to someone else. The more you know about your loan and the mortgage market in general, the better off you'll be in negotiations. Check out the video on why mortgage guidelines matter to you as a consumer too.

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