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| FDIC Consumer News - Summer 2002 |
High-Cost "Predatory" Home Loans: How to Avoid the Traps A few unscrupulous lenders are tricking cash-strapped, unknowing borrowers into expensive home equity loans and mortgages. The big risk: If you can't repay the loan you could lose your home. Here is useful information for anyone thinking about a home loan. Related ArticlesPrivacy Mailings Arriving Again: Toss At Your Own Risk Fraud Alert! Bogus “Bonus” Checks, Fake Cashier’s Checks and Miscellaneous Mischief to Avoid Brokers, Deposits and Failed Banks: Why the FDIC Check Isn't In the Mail (Yet) Shifting from Stocks to Deposits? Consider Your FDIC Insurance. Do You Have Questions About Credit Cards or Debit Cards? Co-Signing a Loan Can Be Costly |
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FDIC Consumer News is published by the Federal Deposit Insurance Corporation Donald E. Powell Phil Battey Elizabeth Ford Jay Rosenstein Tommy Ballard FDIC Consumer News is produced by the Office of Public Affairs, in cooperation with other FDIC Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC regulations and policies. Mention of a product, service or company does not constitute an endorsement. This newsletter may be reprinted in whole or in part. Please credit material used to FDIC Consumer News. |
Send comments, suggestions or questions to: Jay Rosenstein FDIC, 550 17th Street, NW Room 7100 Washington, DC 20429 E-mail: JRosenstein@fdic.gov Fax: (202) 898-3870 Subscriptions
FDIC Public Information Center
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| Last Updated 08/27/2002 | communications@fdic.gov |
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