I play RB with a mortgage loan broker as of late and am making a new friend. I have been told by him that there has been terminology being used by some to make slick loans that hurt the clients.
He is a straight up person, didn’t do any, but got into a long conversation of what the problem was and what his business has been guilty of doing.
They have been trying to be slick and IMO we are going to see lots of successful lawsuits because of the slickness, in many cases it will not be due to a lack of proper vigilance by the borrowers.
Stuff has been going on based on the lecture to me.
I felt bad for people hearing about it Hydroshock.
I would never think of entering to such an important long term contract without having a lawyer I trusted look it over for me.