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Unmasking the Predatory Loan in Sheep's Clothing: A Legislative Proposal

39 Pages Posted: 20 Jan 2010  

Debra Pogrund Stark

The John Marshall Law School

Date Written: 2005

Abstract

This article identifies the four basic features common to a "predatory home loan," explains how and why the federal legislative response was ineffective, and proposes and details a model federal mortgage counseling intervention law which would address each of these predatory home loan features. The article also summarizes other useful reform proposals and explains how mortgage counseling would be an important proactive protection to home loan borrowers that should be considered in addition to these other important reform ideas.

Suggested Citation

Stark, Debra Pogrund, Unmasking the Predatory Loan in Sheep's Clothing: A Legislative Proposal (2005). Harvard Blackletter Law Journal, Vol. 21, 2005. Available at SSRN: https://ssrn.com/abstract=1529782

Debra Pogrund Stark (Contact Author)

The John Marshall Law School ( email )

315 South Plymouth Court
Chicago, IL 60604
United States

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