Mortgageman
11-30-2006, 01:43 PM
[FONT=Times New Roman][SIZE=3]Over the years we have all heard of if not experienced unethical practices in the mortgage lending industry. From bait & switch to sub-prime loans for prime qualified borrowers we have seen predatory lending since the inception of the home loan. Most loan originators generate their income in primarily three different ways; direct charges to consumers, hiking the interest rate, adding unnecessary and undesired loan features like prepayment penalties. In an industry shrouded in so many shadows, Southern California based Mortgage Grader