Risky Loans
Video by: RealEstateUpdate
Video Description:
So called exotic loans are under the scrutiny of California Lawmakers.
The state legislature is considering requiring lenders to take more care to make sure borrowers don't have to rely on refinancing to stay in their homes. KRON4's Maureen Kelly spoke to one homeowner who's in trouble now because his financing.
Tags: area bay estate loans mortgage real risky update vacaville risky loans
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