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2. Predatory lending - Wikipedia

   en.wikipedia.org/wiki/Predatory_lending

   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 ...

3. Risk-based pricing - Wikipedia

   en.wikipedia.org/wiki/Risk-based_pricing

   Credit score and history, property use, property type, loan amount, loan purpose, income, and asset amounts, as well as documentation levels, property location, and others (employment details, designation, etc.), are common risk based factors currently used. Lenders 'price' loans according to these individual factors and their multiple derivatives.

4. Subprime crisis background information - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_background...

   The mortgage market is estimated at $12 trillion [31] with approximately 6.41% of loans delinquent and 2.75% of loans in foreclosure as of August 2008. [32] The estimated value of subprime adjustable-rate mortgages (ARM) resetting at higher interest rates is U.S. $400 billion for 2007 and $500 billion for 2008.

5. What is an acceleration clause? And what triggers it? - AOL

   www.aol.com/finance/acceleration-clause-triggers...

   Unlike forbearance, loan modifications are permanent, so this strategy is best if you expect to experience ongoing hardship and need a major change to the terms of your mortgage.

6. Predatory mortgage servicing - Wikipedia

   en.wikipedia.org/wiki/Predatory_mortgage_servicing

   This provides an incentive to unscrupulous servicers who aggressively interpret mortgage documents to add additional fees [5] to a borrower's mortgage account. Many times, the additional fees added on create an event of default allowing the mortgage servicer to foreclose on the property. This practice is commonly referred to as manufacturing a ...

7. How To Refinance a Mortgage With Bad Credit - AOL

   www.aol.com/refinance-mortgage-bad-credit...

   Refinancing your mortgage can be a smart financial move. Sometimes, it can lead to better mortgage loan terms and potentially reduce your monthly payments. For example, refinancing a home can help ...