Stop Predatory Lending

286 pp.
ISBN 978-1-60248-008-7

Predatory lending has grown exponentially in the last decade, and left much deeper and widespread financial havoc in its wake. Advocates can use a variety of statutory and common law claims in creative ways to achieve redress for consumers harmed by abusive lending.

Table of Contents
Index
About the Authors
Introduction

Stop Predatory Lending: A Guide for Legal Advocates is a detailed roadmap for legal and community challenges to predatory lending involving first and second mortgages, home improvements, mobile homes, rent-to-own transactions as well as payday, refund anticipation, and auto title pawn loans.

This handbook covers:

• History and Background on the Rise of the High Cost Loan Marketplace
• Analyzing Loan Documents: A Step by Step Approach
• Overview of Legal Claims and Defense to Predatory Loans
• The Truth in Lending Act Simplified
• Collecting the Relevant Loan Documents
• Spotting the Issues in a Case
• Selecting, Defending, and Resisting a Litigation Forum
• Holding the Players Liable
• Crafting a Community Response to Predatory Lending

The Companion CD-Rom contains:

• Consumer Law Math Program
• HOEPA Points and Fees Worksheet
• HOEPA Proposed Regulatory Changes
• Model Home Loan Protection Act and Commentary
• Model Payday Loan Act and Commentary
• Descriptions and Underwriting Guidelines for Alternative Loan Products to Help Homeowners Refinance Out of Predatory Loans from: The City of Chicago, FreddieMac, and FannieMae.