Predatory lenders targeted

Posted by Rick Orlov on April 15, 2009 6:09 AM | | Comments (0) |

os Angeles City Attorney Rocky Delgadillo filed fraud charges Tuesday against two companies, including one from Van Nuys, alleging predatory lending practices. Gregory J. Wilcox in the Daily News.

He said that they are the first cases his office filed against firms that profited from misrepresenting loan products or programs - and they are unlikely to be the last.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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