Research & Analysis
Back in 2001, we estimated that predatory mortgage lending cost consumers $9.1 billion every year. Since then, the market for subprime home loans surged, then exploded, and it has become painfully clear that the total cost of bad lending practices is almost incalculable. Still, we keep trying. In recent years our research has focused on topics such as trends in the subprime market, racial disparities in lending, and an assessment of predatory lending laws in the states. Visit us often to stay up-to-date on our latest findings, including periodic assessments of reports issued by lenders and regulatory agencies.
Browse Mortgage Research & Analysis
- Borrowers in Higher Minority Areas More Likely to Receive Prepayment Penalties on Subprime Loans
Published: Jan 13 2005 Issue: Mortgage Lending
Report concludes that prepayment penalties are more frequent with subprime loans and that there is no interest rate benefit when a prepayment penalty is included.
- Review of the National Bank Preemption Rules
Published: Apr 7 2004 Issue: Mortgage Lending
Hearing on the Office of the Comptroller of the Currency's Rules on National Bank Preemption and Visitorial Powers
- A Review of Wells Fargo's Subprime Lending
Published: Apr 1 2004 Issue: Mortgage Lending
- $9.1 Billion: The Economic Cost of Predatory Lending (2001)
Published: Jul 25 2001 Issue: Mortgage Lending
In 2001, the Coalition for Responsible Lending estimated that several common predatory mortgage practices cost U.S. borrowers $9.1 billion each year. For the most part, these practices were...
- Predatory Lending Practices
Published: May 24 2000 Issue: Mortgage Lending