by Moe Bedard
Predatory lending begets predatory servicing, begets predatory loan modifications, begets predatory foreclosures. You simply cannot have one without the other.
You cannot have millions of predatory loans without having millions of predatory foreclosures because they are all inherently bound together in a tangled web of unfair, deceptive and fraudulent business acts and that is exactly [...]
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by Moe Bedard
The lender carnage, death and destruction litter the home page of Aaron Krowne’s Mortgage Lender Implode-O-Meter like the beach at Normandy on D-Day. The infamous list has grown from September 2006 when Aaron started the website with approximately 10 failed lenders to a whopping 276 major U.S. failed lending operations today.
That comes out to about one failed [...]
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