Post Type: News
The Seattle Times, Buying a home? Without Consumer Bureau, you must be your own watchdog
“Some consumer loans require private arbitration of disputes outside the courts, but that’s not the case with mortgages, Peterson said. If you believe you were overcharged or otherwise mistreated, you can bring legal action yourself. Such claims can be complicated, he said, but because a home purchase ‘can affect your financial destiny for a long period of time,’ a lawsuit may be worth it.
One way to find a lawyer who specializes in consumer rights law is to search the website of the National Association of Consumer Advocates.”
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