"The hot housing market of the past several years", so states Kelly Quigley's review, "has led to many new mortgage products, some of which can hurt a home buyer's financial health, home equity, and neighborhood stability.
The issue has become so critical that Freddie Mac has launched a nationwide campaign to educate the public on risky loans.
One byproduct of this campaign is an information-filled Web site that can help consumers better understand the various loan products. Please visit Freddie Mac's web site to learn more about these predatory practices".
These are some of the site's highlights:
Freddie Mac's anti-predatory lending Web site offers valuable resources for home buyers...
Helping people avoid predatory lending practices:
http://www.dontborrowtrouble.com/
What is Predatory Lending