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Foreclosure Forum |
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Re: Lender's attorney's fees in CA foreclosureIn Reply to: Re: Lender's attorney's fees in CA foreclosure posted by JIMBO on April 16, 2008 at 7:54 PM Hello Jimbo, If a person doesn't overstate their income and other info on the loan application and the loan later adjusts and they are then faced with a payment that they cannot afford then that would be a good example of predatory lending which is illegal. If a person does overstate their income and other info then that would be loan fraud which is also illegal. Denis
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