Posts Tagged ‘Teaser Rate’

We need a new government agency to get consumer information about loans?

Friday, March 19th, 2010
Thedude27 asked:


What is the truth in lending law for?
is there even such a thing as a teaser rate on a home mortgage? I mean other than an ARM which is competely explained to you in agonizing detail when you sign a mortgage?
Could we maybe just come up with a new law or 2. Do we really need another government agency?