Congresswoman documents how repeat culprits continue to mine vulnerable servicemembers, veterans, and you will military group with crappy finance
Congresswoman Katie Porter (CA-45) today released a report revealing how predatory mortgage lenders are still exploiting military borrowers, despite years of efforts to prevent such abuses. AWOL: Just how Watchdogs Was Neglecting to Include Servicemembers regarding Financial Cons analyzes new government data and shows that NewDay USA and The Federal Saving Bank, two lenders that have been punished in the past for misconduct, charge veterans tens of thousands of dollars more for the same loan than their competitors.