Archive for August, 2009

There is hard evidence that suggests the loan industry has, and still does, target minorities. ACORN maintains African Americans and other minorities were, and still are, disproportionately targeted. They are burdened with significantly higher interest rates than their white counterparts, even when median income levels were comparable. The ramifications of predatory lending are families that are straddled with tremendous interest rates and significant debt. The end result seems to be foreclosure. Pursuing debt settlement and mortgage refinancing are viable defenses against the predators.

If you are a real estate professional, you know that the real estate market is in a, generously stated, slump. The market has a glut of homes and buyers become harder to qualify for home loans each day. If you are scratching your head trying to find a better way to put your inventory of homes on the market, you have to remember that internet marketing for real estate agents brings results.

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