City Corps officials Freddie Mac to remind the team owner of house
Hoping for the growing awareness to the problem of unscrupulous lender, prey on naive owners and buyers at home, deception of the agreement of their loans to unacceptable conditions, which often lead to the loss of their houses, the Los Angeles City Housing Department today reveals aggressive public relations campaign on this issue.
Called credit agreements is not yet the campaign advertisements, posters and other printed materials, public service in English and Spanish Web sites to educate borrowers about the warning signs of predatory lending.
Calling for “non-credit agreements Trouble”-Hotline (as well as visitors to Web sites), after local agencies for education, counselling and legal assistance.
“No credit Trouble” also contains a loan program affordable program called Help (owner Equity Loan Program), in support of low-income homeowners with great interest.
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