The FHA subprime market results in higher losses to FHA, and allows
the most vulnerable borrowers to be overcharged.
B.C.'s offer to further burden
the most vulnerable borrowers will surely backfire
Not exact matches
According to Market Watch, some of the
most vulnerable student loan
borrowers have been set up to fail.
«They are trying to take the teeth out of enforcement, and it's going to have a big impact on the
most vulnerable student
borrowers, who are being misled and bankrupted.»
«Taken together, these practices prevented some of the
most financially
vulnerable borrowers from securing some or all of the benefits of plans that were intended to ease the burden of unaffordable student debt.»
Land contracts frequently are offered to the
most financially
vulnerable borrowers living on limited income, the NCLC says.
NCLC has been arguing for years that taxing these discharges is grossly unfair to some of the
most vulnerable student loan
borrowers.
The government watchdog urged the search giant to, «work closely with federal and state agencies to ensure your search products are not being used by individuals and companies seeking to prey on the
most vulnerable student loan
borrowers by implying an affiliation with the federal government.»
That said, while 40 per cent of high - ratio
borrowers opted for a 30 - year amortization over the last year, the vast majority of these
borrowers could have qualified using a 25 - year amortization anyway, so this change should only affect marginal
borrowers who would have been the
most vulnerable to rate rises in future.