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Common Courage Press
November 2004
On Sale: October 30, 2004
352 pages
ISBN: 1567513050
EAN: 9781567513059
Hardcover
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Non-Fiction
Homeowners who can't 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
who've been taken, contractors and brokers who've been
co-opted, lenders who've cheated-and the world's biggest
financial titans, who've 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.
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