that's great that you did that. I've never heard of anyone doing that. It's not the norm.
And, in fact, people have told me that when they went to sign papers there was no one there to even answer questions. Yes, they should have demanded that, but people just don't know that they can't trust their bank, lender, etc., until they learn the hard way. I helped one of my daughters last year buy a townhouse and went with her to the lender and the signing and was able to make sure we at least asked the right questions... people don't even know what questions to ask and that they can negotiate things like prepayment penalties, etc.
I think it's great this issue in the news and hopefully more people will at least become more aware of the issues and what can happen to them. But I also think there needs to be something done about unscrupulous lenders.
Sara
"I never give them hell. I just tell the truth and they think it's hell." - Harry Truman