Posts Tagged ‘Predatoy Loans’

Dec
2011
27

WaMu Employee Shunned for Refusing to Push Predatory Loans on Vulnerable Customers

WaMu Employee Shunned for Refusing to Push Predatory Loans on Vulnerable Customers
A must-read article from IWatchNews.org suggests that a former Washington Mutual employee was shunned for refusing to push predatory loans on those most likely to default. Former employee Greg Saffer has said conscience and common sense stopped him from pushing “option arm” home loans that would put homeowners at risk: “I’m...