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Center For Responsible Lending - A Resource For Predatory Lending Opponents

Mortgage Lending

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Our Vision: A fair, responsible and transparent market for sustainable home loans.

Today’s foreclosure epidemic resulted from the legal mass marketing of dangerous loan products and systematic overcharging of vulnerable consumers.  Unfortunately, the consequences are hurting everyone, as massive foreclosures reverse previous gains that had been made in homeownership.  Even worse, the housing crisis has set the entire country back as we deal with the spillover effects of reduced property values, lost jobs, and devastated communities.  Learn more about the Subprime Market Meltdown and find out about common sense solutions to respond to it.

Solutions

The Latest Federal Legislation
Congress is considering a number of proposals to address foreclosures.  Find out which ones will work best. More> 

All policy recommendations

Research

Subprime spillover: As one in five families with subprime loans lose their homes, 44.5 million of their neighbors will lose hard-earned wealth as the effects of the subprime meltdown spillover.

All mortgage research

Quick References

Subprime Snapshot: Quick facts and figures on today's subprime mortgage market.

All quick references

HIGHLIGHTS

Countrywide Watch: Learn why the big lender is becoming synonymous with the mortgage meltdown. 

New NC Law reins in dangerous underwriting practices and mortgage broker abuses in subprime market

 

HEADLINES

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FOCUS ON

Subprime Spillover

Lost Home Equity

See the Effect of Foreclosure on Home Values and Tax Bases
by State & Local Market.

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