RISKS OF CALCULATION AND DISCLOSURE ERRORS BY ADJUSTABLE RATE MORTGAGE CREDITORS

被引：0
|
作者：
KING, JP [1 ]
NIGHT, SG [1 ]
TATE, WE [1 ]
机构：
[1] CANTEY & HANGER, FT WORTH, TX USA
来源：
BANKING LAW JOURNAL | 1994年 / 111卷 / 01期
关键词：
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Reports of widespread errors in the calculation and disclosure of interest rates under adjustable rate mortgage loans (ARMs) have heightened concerns among mortgage lenders and servicers. Regulatory warnings and enforcement actions, as well as private class action lawsuits seeking damages in favor of consumer borrowers, have become more prevalent. The authors discuss the significant legal risks for creditors posed by ARM calculation and disclosure errors.
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页码：55 / 66
页数：12
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