Legal Question in Real Estate Law in Virginia
predatory lender
5/2007 got into loanw/ home funds direct that we did not really want but loan manager faxed letter stating that we would only be in loan for 3 mos than go to a 6.5 rate w/ 1% orig fee although they already charged 3.5% on loan. 3 mos. later hfd shut down and parent company accreditted home lenders stated they cannot help b/c they are not sevicing any loans. This in in addition to other inaccurracies on loan.
Asked on 10/29/07, 1:32 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: predatory lender
So, your question is what, do you still owe this loan (that you claim you really didn't want)?
Undoubtedly, you do.
Answered on 11/02/07, 8:18 am