Banking
Feb. 1, 2005
Predatory Lending Practices Warrant Legislative Intervention
Forum Column - By Mark Ridley-Thomas - Congratulations to new homeowners in this New Year. It is truly a triumph that homeownership has become a reality for an unprecedented number of families and individuals since the early 1990s. However, in the wake of that accomplishment, lenders began offering mortgage loans to deprived borrowers, many with blemished credit, and the subprime market began to boom.
By Mark Ridley-Thomas
Congratulations to new homeowners in this New Year. It is truly a triumph that homeownership has become a reality for an unp...
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