Banking
Mar. 15, 2003
Lawmakers Must Suppress Predatory Lending Practices
Forum Column - By Dan Grunfeld and Hernn Vera - For decades, an essential part of the American dream has been the attainment of home ownership. Owning a home represents a crucial steppingstone into the middle class and an opportunity to participate more fully in the economic, social and educational privileges of our society. Unfortunately, the scourge of predatory lending has denied that dream for too many in California.
By Dan Grunfeld and Hernán Vera
For decades, an essential part of the American dream has been the attainment of home ownership. Owning a home represents a crucial steppingstone into the middle class and an opportunity to participate more fully in the economic, social and educational privileges of our society. Unfortunately,...