American Nightmare: Predatory Lending and the Foreclosure of the American Dream

Homeowners who cant borrow from banks have long turned to the subprime lending industry for mortgages. Increasingly, that industry has turned on them by charging outrageous fees and usurious interest, and then taking their homes through foreclosure. Richard Lord explores the spread of predatory lending practices. And it tells the stories of borrowers whove been taken, contractors and brokers whove been co-opted, lenders whove cheated-and the worlds biggest financial titans, whove cashed in. A battle is taking shape that could determine whether home ownership for working people will be an achievable dream or an American nightmare.
Richard Lord is a writer for the "Pittsburgh City Paper" whose work on subprime lending has won numerous awards.

Dettagli sul prodotto

• Autori: Richard Lord
• Con la collaborazione di: Common Courage Press (Editore)
• Editore: Common Courage Press
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 01.10.2004
• EAN: 9781567513042
• ISBN: 978-1-56751-304-2
• Pagine: 352
• Dimensioni: 134 mm x 194 mm x 17 mm
• Peso: 259 g
• Categoria: Scienze sociali, diritto, economia > Economia > Singoli rami economici, branche