Sentences with phrase «bad lending practices»

With an unearned reputation for bad lending practices, B - lenders may just prove to be the last hope for many BC homebuyers.

One of the lessons of the mortgage market meltdown is that banking regulators weren't doing enough to rein in bad lending practices.

The coalition released a report that it maintains «lays out the corporate welfare giveaways, tax loopholes, mega-contracts, and bad lending practices that each cost the city hundreds of millions of dollars — at the time when the city is debating some of the harshest budget cuts since the fiscal crisis of the 1970s.»

We now know that bad lending practices were a principle cause of the worldwide credit crises that continues to restrain the recovery.

Not exact matches

Says Wilson and his firm profited from the worst of the predatory lending practices.

Interest Only Loans were viewed as one of the worst of the irresponsible loan lending practices.

The practice of high interest rates is due to the excess risk lenders take in lending to those with very bad credit histories.

Under sweeping new rules passed last week, the 18 - month - old federal agency moved to help protect consumers from the worst sorts of predatory lending practices and shoddy underwriting standards that helped cause a dramatic increase in mortgage delinquencies and consequently the country's recent foreclosure crisis.

One reason to apply with a recommended bad credit mortgage lender, is that some subprime lenders practice what is called predatory lending.

While many lenders are nervous when it comes to making out a new mortgage for those with bad credit, there are many out there who understand that the average person who has found themselves with a mortgage payment that they can not pay is simply a victim of a risqué lending practice that has fortunately come to an end with stricter legislation on subprime lending being passed.

While the agencies push to regain their credit ratings, they may be forced to be even more conservative with lending practices, and that would make credit or loans for people with bad credit almost out of reach.

It's caused lenders to be more diligent with their lending practices and people with bad credit or undocumented incomes are finding it harder to qualify for home loans that were readily available to them at this time last year.

Student credit cards get a lot of bad press for charging high interest rates and for using predatory lending practices.

These out state lenders are by far the worst in terms of misleading quotes, miscellaneous traps, and shady lending practices as they have no connection to the community YOU live in.

Surely if partial dishonesty is not captured, does this not simply lend itself to bad practice and / or speculative heads of claims with no real prospect of success, leading to a waste of resources for defendant and court?