Seventh, constant refinancings, otherwise ”loan turning,” hence unnecessarily improve the mortgage equilibrium and you can reduce equity would be to not be acceptable
Seventh, constant refinancings, otherwise ”loan turning,” hence unnecessarily improve the mortgage equilibrium and you can reduce equity would be to not be acceptable 5th, loan providers should not use misleading otherwise inaccurate conversion process and you may profit practices that create consumers to get in financing preparations they cannot pay for. Eighth, higher work is [...]