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It seems their mortgages/loans contained a provision that in the event a debtor lost their job or ability to pay the loan, Citigroup, or whomever you want to call it, would pay. Sounds like a good idea, eh? Sort of like the waiver of premium on whole life? Well...it seems they're revoking it due to the ridiculously high rate charged to people who opt for this provision. Moreover, it made the loans near unaffordable. When it came time they needed it, they had already give the loan up or defaulted. It was a total Catch 22, in which the people who needed it couldn't afford it, and, they were, as has been mentioned previously, searching for people that this loan would best suit. Predatory lending, sounds pretty ethical don't ya think?