American Nightmare: Predatory Lending and the Foreclosure of the American Dream.HG2040 2004-304461 1-56751-304-2 American nightmare; predatory lending and the foreclosure foreclosure Legal proceeding by which a borrower's rights to a mortgaged property may be extinguished if the borrower fails to live up to the obligations agreed to in the loan contract. of the American dream American dream also American Dream n. An American ideal of a happy and successful life to which all may aspire: . Lord, Richard. Common Courage Press, [c]2005 233 p. $16.95 (pa) Journalist Lord exposes the growth of subprime lending  This article or section may deal primarily with the U.S. and may not present a worldwide view. and its
connections to predatory lending and rising foreclosure rates in the
United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . He examines how changes in law and the banking industry
have led to the growing problem and illustrates its pernicious effects
on borrowers through the inclusion of personal stories of individuals
victimized by the situation.
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion