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Illinois Stands up to Bank, Why Couldn't NYC?

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Predatory subprime lenders often assisted by unscrupulous mortgage brokers and home improvement contractors, engage in high-pressure sales tactics that result in burdensome loan agreement terms without adequate disclosure. Such loans result in owners being stripped of their equity and in the increased risk of foreclosure.


Source Quote
http://www.r8ny.com/blog/mary_alice_miller/illinois_stands_up_to_bank_why_couldnt_nyc.html

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