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Mr. Schultz, the campaign spokesman, defended subprime mortgages as "a valuable alternative for families with poor credit histories," while conceding that some mortgages may "carry predatory terms".
Fitzgerald, for his part, signed on for a job, not for military service, and, in the predatory terms of his contract, he's paid not for his time of service but for the pelts that he delivers, thus putting his pay into conflict with the effort to transport the wounded Glass.
These institutions should not support "investments in companies that violate federal law and whose business model depends on extending credit to our nation's most vulnerable borrowers often on predatory terms".
The lawsuits accuse the banks of refusing to extend mortgage credit to minority borrowers on equal terms as offered to other borrowers - a practice known as "redlining" - as well extending credit on predatory terms.
Brownlee himself offered such farmers limited assistance, but only quietly and only in the last resort; he was concerned that a well-publicized and widespread program of loan guarantees would induce banks to loan money under predatory terms, knowing that if the farmers could not make the repayments the province would.
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"It's a very predatory term sheet," said Ray Williams, president of CyberZone, an internet service provider.
He had a sad clown, teddy-bearlike quality that was attractive but not predatory, in terms of this not being a Lolita story in any way".
It represents an opportunity for companies who have been conservative and didnt expose themselves and now have the ability to be more predatory in terms of what they are looking for.
Their hold on their homes has been endangered by unemployment or predatory loan terms or falling house values.
We have shown that predatory mortgage terms result in higher rates of foreclosure; that certain auto lending practices result in racial discrimination; and that trapping people in debt is the payday lending business model.
High-interest borrowers would lose key consumer protections, like mandatory housing counseling, and be exposed to a host of other predatory lending terms, including penalties that prevent homeowners from refinancing into less expensive loans.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com