Journal Article

Predatory lending: attempts to plug the money drain

Abstract: Abusive lending practices have made headlines around the nation, and the issue remains hotly debated. Stephen O'Sullivan gives an overview and an update on the issue. He focuses on how various regulators and legislators are trying to curb abuses without limiting access to the subprime market.

Keywords: Predatory lending; Loans;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Issue: Spr

Pages: 3-6