David Lawrence’s Refi-Bust: Mortgage Brokers Gone Wild! is a Shocking Insider’s Exposé of the Cut-Throat Mortgage Broker Business

CHARLESTON, SOUTH CAROLINA (PRWEB) July 28, 2006

There have been nearly 1,000,000 foreclosures in the United States during the last calendar year alone, according to database provider RealtyTrac, and mortgage broker fraud has become so rampant that many states have enacted strong senate bills aimed at curbing this ever-increasing national epidemic. In fact, the FBI has warned that rampant fraud in the mortgage broker industry threatens to become the "next S&L crisis" in America. Unfortunately, predatory lending, via the mortgage broker industry, has been blamed for a majority of this problem. Find out how to protect yourself—and your home—in onetime mortgage broker David Lawrence’s instructive Refi-Bust: Mortgage Brokers Gone Wild!

Buying your first home? Thinking of refinancing the home you have now? Already have a mortgage, but are unsure of what you signed? Unsuspecting mortgage customers are often at the mercy of these predatory mortgage brokers. But it doesn’t have to be that way. Before you even pick up the phone, pick up Refi-Bust: Mortgage Brokers Gone Wild! While the mortgage broker business can be sound and professional, a large segment of the industry, says Lawrence, is unscrupulous. But how can you avoid predatory lending and mortgage fraud?

Lawrence has spent years in the mortgage broker industry and he knows all the sneaky tricks of his trade first-hand. He takes you into the sleazy world of unscrupulous mortgage brokers, where loan officers are actually taught to use lying, trickery and deceit as a way of luring in business. Lawrence will show how unfortunate homeowners are tricked into ruthless “bait & switch” variable-rate loans with enormous closing costs, how homeowners lose their homes via ludicrous “blow-out” appraisals, and why it’s so important for homeowners to use this book to review their current mortgage to make sure they received the terms they thought they were getting. Clearly written and chock full of eye-opening first-person accounts, this is a must-read for every homeowner or potential homeowner in the United States and Canada. There’s no place like home and this book can serve as a valuable tool to help you make better decisions and avoid becoming a broker’s next prey, and to make sure you weren’t already their prey!

For more information or to receive a free review copy, please contact the author by email. Refi-Bust: Mortgage Brokers Gone Wild! is available for sale online at Amazon.com, Borders.com, BookSurge.com, and through additional wholesale and retail channels worldwide. You may also log onto http://www.refibust.com for more information.

About the Author

David Lawrence is an author who has over ten years experience in the mortgage business as a loan officer, manager and former owner of a prestigious mortgage company.

About BookSurge

BookSurge LLC, an Amazon.com company, is a global leader in self-publishing and print-on-demand services. Offering unique publishing opportunities and access for authors, BookSurge boasts an unprecedented number of authors whose work has resulted in book deals with traditional publishers as well as successful authorpreneurs who enhance or build a business from their professional expertise.

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