How to Help Consumers Avoid Predatory Lending
and Become More Financially Literate
In the May 2005 Midyear Meetings, the Board of Directors approved the Subprime Lending Work Group report. NAR recommends that REALTORS®:
· Using existing programs as a resource, help consumers navigate the complete homebuying process and find fair and affordable financing, and
· Refer consumers to financial literacy information (including how to avoid predatory lending).
REALTORS® who seek information about these subjects will find a wealth of material on the Internet. Here are a few leads that may help you help consumers buy homes.
Read about helpful programs >
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