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Home Equity Protection

Posted on March 28, 2010.
Home Equity ProtectionIs there a homeowner protection Equity Act?

yes

It stops predatory lending practices screwing on unsuspecting homebuyers.

It stops things like allowing you to pay fees or extra points, have a payment refinancing costs balloon, and for high-cost mortgages.

That is if you have bad credit and can not get a mortgage at a low cost standard and the need to go to high-cost mortgage, lenders are prohibited from being "predatory".

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