The pilot program resulted in a reduction of loans featuring negative amortization, prepayment penalties, low documentation requirements, and low down-payment requirements.

Authors

• Person: Not available Organization: Usha Krisna
  New study estimates the effect of predatory-lending law

Sources

• New study estimates the effect of predatory-lending law www.ushakrisna.com Usha Krisna via serper

Referenced by nodes (2)

• prepayment penalties concept
• pilot program concept