In communities across America, people are losing their home and their investments because of predatory lenders, appraisers, mortgage brokers and home improvement contractors who:

• Sell properties for much more than they are worth using false appraisals.
• Encourage borrowers to lie about their income, expenses, or cash available for down payments in order to get a loan.
• Knowingly lend more money than a borrower can afford to repay.
• Charge high interest rates to borrowers based on their race or national origin and not on their credit history. 
• Charge fees for unnecessary or nonexistent products and services. 
• Pressure borrowers to accept higher-risk loans such as balloon loans, interest-only payments and steep pre-payment penalties. 
• Target vulnerable borrowers for cash-out refinance offers when they know borrowers are in need of cash due to medical, unemployment or debt problems. 
• “Strip” homeowners’ equity from their homes by convincing them to refinance again and again when there is no benefit to the borrower. 
• Use high pressure sale tactics to sell home improvements and then finance them at high interest rates.