Goal should be responsible lending, not a lending crackdown

California lawmakers are attempting to strangle payday lenders with heavy regulations – and claim they're teaching responsible lending…
Silhouette of a family against a green-hued backdrop of money. Learning about responsible borrowing – and what constitutes responsible lending – begins with lessons learned from family.
Monday, June 21st, 2010 by
By Steve Tarlow

Subprime Mortgage Study Exposes Yield Spread Premium Money Trap

Consumer groups are calling for the abolishment of yield spread premiums on subprime mortgages. The gross profits lead to foreclosure, they claim.
Do mortgage brokers profit excessively from yield spread premium charges? Will borrowers ever discover credit repair?
Monday, December 21st, 2009 by
By Steve Tarlow