Low-income customers have disadvantage that is huge it comes down to purchasing a house.

Back ground: Homeownership, Predatory Lending therefore the Subprime Market Denied conventional home loans – the most crucial wealth-building device in this nation – their only opportunity may be the ‘sub-prime’ credit market. These ‘predatory loan providers’ target individuals with impaired credit records – typically offering to refinance a current loan with initial ‘teaser’ prices frequently without any advance payment, no …