David Knight and David Wright helped Scott Veerkamp implement his
"Bait and Switch" tactics at closing. REMAX Central deliberately
misrepresented their clients with Yield Spread Premium and Excessive
Fees.
"Bait and Switch" tactics at closing. REMAX Central deliberately
misrepresented their clients with Yield Spread Premium and Excessive
Fees.
Articles Regarding Loan Steering and Predatory Lending...
ReplyDeleteLoan Steering Lawsuit:
http://www.huffingtonpost.com/2010/06/30/countrywide-lawsuit-racia_n_630661.html
Subprime Loan Steering:
http://industry.bnet.com/financial-services/10003019/ex-wells-fargo-loan-officer-details-shady-practices/?tag=talkback;tb-content
Loan Steering Lawsuit:
http://www.dailyfinance.com/story/real-estate/wells-fargo-subprime-mortgage-exit/19548625/
REALTORS and Yield Spread Premium:
http://www.realtyresourcesil.com/Seven-Signs-of-Predatory-Lending.asp
National Association of Realtors and Predatory Lending: http://www.realtor.org/home_buyers_and_sellers/how_to_avoid_predatory_lending
Center for Responsible Lending:
http://www.responsiblelending.org/mortgage-lending/research-analysis/ib-ysp-110507-final.pdf
Center for Responsible Lending:
http://www.responsiblelending.org/mortgage-lending/tools-resources/ib011-YSP_Equity_Theft-0604.pdf
Senator Jeff Merkley and Yield Spread Premium:
http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F
NAR Code of Ethics:
http://www.realtor.org/mempolweb.nsf/pages/code