Center For Responsible Lending - A Resource For Predatory Lending Opponents

Predatory mortgage lending drains wealth from families, destroys the benefits of homeownership, and often leads to foreclosure. 

Most abusive lending takes place in the subprime market, intended to allow borrowers with weak or blemished credit records the wealth building benefits of owning a home. Instead, a typical predatory mortgage is a refinance of an existing loan that is packed with excessive or unnecessary fees and provides no tangible benefit to the borrower.  Unfortunately, many of these loans are perfectly legal, and too often they are targeted at some of our most vulnerable citizens.  subprime mortgage lending has shattered the hope of economic progress for millions of families and triggered a devastating chain reaction of losses for communities and businesses.  Learn more about the Subprime Market Meltdown and find out about common sense solutions to respond to it.