Comments on: Ron Paul on Federal Stimulus spending

By: We need to tackle five issues to attract investment in the US « Kaushal

We need to tackle five issues to attract investment in the US « Kaushal — Thu, 04 Mar 2010 20:27:14 +0000

[...] The view of Ron Paul in many cases are considered “too libertarian”, however his view on the “federal stimulus” is [...]

By: jmb27

jmb27 — Thu, 04 Mar 2010 00:36:49 +0000

Re: Predatory Lending

Please review this information regarding the National Association of Realtors and the "Code of Ethics."

http://www.ripoffreport.com/Search/scott-veerkamp…

By: jmb27

jmb27 — Sun, 14 Feb 2010 19:18:44 +0000

Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.

Here is an example of what I am talking about:
Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.)

Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices:
"Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM."

The Center for Responsible Lending says YSP "steals equity from struggling families."
1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers.

http://merkley.senate.gov/newsroom/press/release/…